Description

BSE announces the schedule for the buyback offer of SHENTRACON CHEMICALS LIMITED, with the acquisition window open from January 12-23, 2026, for 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 (Security Symbol: SHENTRA, Scrip Code: 530757, ISIN: INE0OUS01011). The Offer to Buy – Acquisition Window will be live from Monday, January 12, 2026, to Friday, January 23, 2026. The company is offering to buy back up to 1,65,14,290 equity shares at Rs. 0.50 per share (face value Rs. 10.00).

Key Points

  • Offer Size: Up to 1,65,14,290 equity shares
  • Offer Price: Rs. 0.50 per share
  • Face Value: Rs. 10.00
  • Market Lot: 1
  • Security Symbol: SHENTRA
  • Scrip Code: 530757
  • ISIN: INE0OUS01011
  • Opening Date: Monday, January 12, 2026
  • Closing Date: Friday, January 23, 2026
  • Session Timings: 9:15 AM to 3:30 PM for bid offering and give-up/take-up
  • Last Day Give-up: January 22, 2026 (9:15 AM to 3:30 PM)
  • Last Day Take-up: January 22, 2026 (9:15 AM to 4:00 PM)
  • Trading Members can bid for investors having shares in demat form only
  • UCC must be registered/updated with correct PAN Number and Category

Regulatory Changes

No regulatory changes introduced. This circular provides operational instructions for participation in the buyback offer through the OTB (Offer to Buy) module.

Compliance Requirements

For Trading Members and Custodian Members:

  1. UCC Registration: Ensure UCC of the investor is registered and/or updated with correct PAN Number and Category in the Exchange UCC database
  2. Demat Requirement: Trading Members can only bid for investors having shares in demat form
  3. Operational Instructions: Refer to Exchange Notices No. 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017) for participation in OTB
  4. File Access: Files on Extranet for acceptance of bids will be available after confirmation from Merchant Banker/RTA post-issue closure
  5. Note: If no securities are accepted, no End of Issue files will be generated in Extranet

Investor Categories Eligible for Bidding:

  • Foreign Institutional Investor (FII)
  • Financial Institution (FI)
  • Mutual Fund (MF)
  • Insurance Companies (IC)
  • Other QIBs (OTH)
  • Other Non-Institutional Buyers (NOH)
  • Company (CO)
  • Individual (IND)

Important Dates

  • Bid Offering Period: January 12, 2026 to January 23, 2026 (9:15 AM to 3:30 PM)
  • Give-up/Take-up Period: January 12, 2026 to January 23, 2026 (9:15 AM to 3:30 PM)
  • Last Day for Give-up: January 22, 2026 (9:15 AM to 3:30 PM)
  • Last Day for Take-up: January 22, 2026 (9:15 AM to 4:00 PM)

Impact Assessment

Market Impact: Low

This is a company-specific corporate action affecting only SHENTRACON CHEMICALS LIMITED shareholders. The buyback involves up to 1.65 crore shares at a modest price of Rs. 0.50 per share, indicating a low-value transaction with minimal broader market impact.

Operational Impact: Medium for Participants

Trading members and custodians need to ensure proper UCC registration and compliance with OTB module procedures. The circular provides comprehensive operational details including system access URLs, contact points for technical support, and session timings.

Access Points Provided:

Contact Support:

Multiple contact points provided for iBBS, RTRMS, and Extranet support through Trading Operations and Listing Sales departments (contact details: 022-22728005, 022-22728376, 022-22728226, 022-22725626, 022-22728846, 022-22725046).

Impact Justification

Company-specific buyback for a single stock with limited market-wide impact; important for SHENTRA shareholders but routine corporate action procedure