Description
BSE announces the schedule for Offer to Buy (Takeover) of SANMITRA COMMERCIAL LIMITED shares, with bidding open from January 6-19, 2026 at Rs. 15.00 per share for up to 1,49,76,000 equity shares.
Summary
BSE has announced the live activities schedule for the Offer to Buy – Acquisition Window (Takeover) for SANMITRA COMMERCIAL LIMITED. The offer runs from January 6, 2026 to January 19, 2026, with an offer price of Rs. 15.00 per share for up to 1,49,76,000 equity shares. Trading Members and Custodian Members can participate through the iBBS and RTRMS platforms during specified session timings.
Key Points
- Security Name: SANMITRA COMMERCIAL LIMITED (Symbol: ZSANMCOM)
- ISIN: INE896J01014, Scrip Code: 512062
- Offer Size: Up to 1,49,76,000 Equity Shares
- Offer Price: Rs. 15.00 per share
- Face Value: Rs. 10.00
- Market Lot: 1
- Offer Period: January 6, 2026 to January 19, 2026
- Bid Offering Session: 9:15 AM to 3:30 PM daily
- Give-up/Take-up Period: January 6-16, 2026 (9:15 AM to 3:30 PM)
- Last Day Give-up: January 19, 2026 (9:15 AM to 3:30 PM)
- Last Day Take-up: January 19, 2026 (9:15 AM to 4:00 PM)
Regulatory Changes
No new regulatory changes. The circular follows existing OTB framework as per Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017).
Compliance Requirements
- Trading Members: Must ensure investor UCC is registered/updated with correct PAN Number and Category in Exchange UCC database
- Eligible Bidding: Only for investors holding shares in demat form
- Platform Access: Members must use iBBS platform (https://ibbs.bseindia.com/ or https://ibbsll.bseindia.com/) and RTRMS (https://rtrms.bseindia.com/ or https://rtrmsll.bseindia.com/)
- Extranet Files: Available at https://member.bseindia.com/ or https://memberll.bseindia.com/ after Exchange receives confirmation from Merchant Banker/RTA post-issue closure
- Note: No End of Issue files will be generated if no securities are accepted
Important Dates
- Opening Date: Tuesday, January 6, 2026
- Closing Date: Monday, January 19, 2026
- Bid Offering Period: January 6-19, 2026 (9:15 AM - 3:30 PM)
- Give-up/Take-up Period: January 6-16, 2026 (9:15 AM - 3:30 PM)
- Last Day for Give-up: January 19, 2026 (9:15 AM - 3:30 PM)
- Last Day for Take-up: January 19, 2026 (9:15 AM - 4:00 PM)
Impact Assessment
Market Impact: Low - This takeover offer affects only shareholders of SANMITRA COMMERCIAL LIMITED and does not impact broader market operations.
Operational Impact: Medium for participating Trading Members and Custodians who need to facilitate client participation through designated platforms during the 14-day offer window.
Investor Categories: Foreign Institutional Investors (FII), Financial Institutions (FI), Mutual Funds (MF), Insurance Companies (IC), Other QIBs, Other NIBs, Companies, and Individuals can participate.
Contact Support: BSE has provided comprehensive contact details for Trading Operations and Listing Sales teams for technical support on iBBS, RTRMS, and Extranet access.
Impact Justification
Medium importance as it's a takeover offer for specific stock; low market impact as it affects only SANMITRA COMMERCIAL LIMITED shareholders and relatively small trading community