Description
BSE announces the schedule of activities for the buyback offer of Shentracon Chemicals Limited shares through the Acquisition Window from January 12-23, 2026, with an offer size of up to 1.65 crore equity shares at Rs. 0.50 per share.
Summary
BSE has notified trading members and custodian members about the buyback offer schedule for Shentracon Chemicals Limited through the Acquisition Window (OTB module). The buyback will be conducted from January 12, 2026 to January 23, 2026, with the company offering to buy back up to 1,65,14,290 equity shares at Rs. 0.50 per share. Trading members can facilitate bids on behalf of investors holding shares in demat form through the iBBS and RTRMS platforms.
Key Points
- Security Details: Shentracon Chemicals Limited (Symbol: SHENTRA, Scrip Code: 530757, ISIN: INE0OUS01011)
- Offer Size: Up to 1,65,14,290 equity shares
- Offer Price: Rs. 0.50 per share (Face Value: Rs. 10.00)
- Offer Period: January 12, 2026 (Monday) to January 23, 2026 (Friday)
- Session Timings: 9:15 AM to 3:30 PM for bid offering and give-up/take-up
- Last Day Timing: Give-up ends at 3:30 PM on January 22; Take-up extends to 4:00 PM on January 22
- Market Lot: 1 share
- Eligible Categories: FII, FI, MF, IC, Other QIBs, Other NIB, Company, Individual
Regulatory Changes
No new regulatory changes introduced. This 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 UCC of investors is registered/updated with correct PAN Number and Category in Exchange UCC database
- Eligibility: Can only bid for investors having shares in demat form
- Platform Access: Use iBBS (https://ibbs.bseindia.com/ or https://ibbsll.bseindia.com/) and RTRMS (https://rtrms.bseindia.com/ or https://rtrmsll.bseindia.com/)
- File Access: Post-closure acceptance files available on Extranet (https://member.bseindia.com/ or https://memberll.bseindia.com/) after confirmation from Merchant Banker/RTA
- Note: No End of Issue files will be generated if no securities are accepted
Important Dates
- Offer Opening Date: January 12, 2026 (Monday)
- Offer Closing Date: January 23, 2026 (Friday)
- Bid Offering Period: January 12-23, 2026 (9:15 AM - 3:30 PM)
- Give-up/Take-up Period: January 12-23, 2026 (9:15 AM - 3:30 PM)
- Last Day Give-up: January 22, 2026 (9:15 AM - 3:30 PM)
- Last Day Take-up: January 22, 2026 (9:15 AM - 4:00 PM)
Impact Assessment
Market Impact: Low - This is a company-specific corporate action affecting only Shentracon Chemicals Limited shareholders. The buyback size of 1.65 crore shares at Rs. 0.50 per share represents a total offer value of approximately Rs. 82.57 lakhs, which is relatively small.
Operational Impact: Medium for participating trading members who need to ensure their systems and UCC databases are updated correctly. Members must be familiar with the OTB module on iBBS and RTRMS platforms.
Investor Impact: Medium for existing shareholders of Shentracon Chemicals who may participate in the buyback to exit their positions at the offered price of Rs. 0.50 per share. The offer provides liquidity to shareholders of this specific security.
Contact Information
Technical Support:
- iBBS/RTRMS/Extranet: Trading Operations at 022-22728005 (user.trdops@bseindia.com)
OTB Module Support:
- Sandeep Pujari: 022-22728376 (sandeep.pujari@bseindia.com)
- Rushi Bhoir: 022-22728226 (rushi.bhoir@bseindia.com)
- Hormazdiar Mobedji: 022-22725626 (hormazdiar.mobedji@bseindia.com)
Listing Support:
- Mangesh Tayde: 022-22728846 (mangesh.tayde@bseindia.com)
- Rinkesh Gaikwad: 022-22725046 (rinkesh.gaikwad@bseindia.com)
Impact Justification
Company-specific buyback with limited market-wide impact. Important for shareholders of Shentracon Chemicals but affects single small-cap stock only.