Description

BSE announces the schedule for Offer to Buy (Takeover) of SANMITRA COMMERCIAL LIMITED shares, accepting bids 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 schedule for an Offer to Buy (Acquisition Window - Takeover) for SANMITRA COMMERCIAL LIMITED. The offer will run from Tuesday, January 6, 2026 to Monday, January 19, 2026. Trading and Custodian Members can participate through the OTB module on iBBS and RTRMS platforms during specified session timings.

Key Points

  • Security: 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 6-19, 2026
  • Bid Offering Timings: 9:15 AM to 3:30 PM (throughout offer period)
  • Last Day Take-up Extension: Until 4:00 PM on January 19, 2026
  • Trading Members can only bid for investors holding shares in demat form
  • UCC registration with correct PAN and Category is mandatory

Regulatory Changes

No regulatory changes introduced. This circular provides operational procedures for an existing OTB framework as per Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017).

Compliance Requirements

For Trading Members and Custodian Members:

  • Ensure investor UCC is registered/updated with correct PAN Number and Category in Exchange UCC database
  • Only bid for investors having shares in demat form
  • Access OTB module through designated platforms (iBBS or RTRMS) via Internet or Leased Line URLs
  • Monitor Extranet for acceptance files after issue closure (files generated only if securities are accepted)

Platform Access URLs:

Important Dates

  • Offer Opening Date: Tuesday, January 6, 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)
  • Give-up (Last Day): January 19, 2026 (9:15 AM - 3:30 PM)
  • Take-up (Last Day): January 19, 2026 (9:15 AM - 4:00 PM)
  • Offer Closing Date: Monday, January 19, 2026

Impact Assessment

Market Impact: Medium - affects only shareholders of SANMITRA COMMERCIAL LIMITED who wish to participate in the takeover offer.

Operational Impact: Medium - requires Trading and Custodian Members to:

  • Verify and update investor UCC details before bidding
  • Ensure proper platform access and credentials
  • Monitor specified timelines for bid submission and give-up/take-up activities
  • Check Extranet for post-closure acceptance files

Investor Categories: FII, Financial Institutions, Mutual Funds, Insurance Companies, Other QIBs, Other NIBs, Companies, and Individual investors can participate through their brokers.

Technical Support: BSE has provided dedicated contact points for login IDs, password resets, and OTB module queries through Trading Operations and Listing Sales teams.

Impact Justification

Company-specific takeover offer with defined bidding period and procedures affecting shareholders of SANMITRA COMMERCIAL LIMITED only