Description

BSE announces the schedule for Offer to Buy (Buyback) of SHENTRACON CHEMICALS LIMITED shares from January 12-23, 2026, with offer price of Rs. 0.50 per share for up to 1.65 crore equity shares.

Summary

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

Key Points

  • Security: SHENTRACON CHEMICALS LIMITED (SHENTRA)
  • ISIN: INE0OUS01011, Scrip Code: 530757
  • 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
  • Trading members can bid for investors having shares in demat form only
  • Bidding available for multiple investor categories: FII, FI, MF, IC, Other QIBs, NOH, Company, and Individual

Regulatory Changes

No regulatory changes. This is an operational circular for a company-specific buyback transaction.

Compliance Requirements

  • Trading Members and Custodian Members must ensure UCC of investors is registered/updated with correct PAN Number and Category in Exchange UCC database
  • Members can only bid for investors having shares in demat form
  • Members must refer to Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017) for operational instructions
  • Access to iBBS platform and RTRMS required for bidding
  • If no securities are accepted, no End of Issue files will be generated in Extranet

Important Dates

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

Impact Assessment

Market Impact: Medium - Limited to shareholders of SHENTRACON CHEMICALS LIMITED. The buyback represents a significant number of shares (1.65 crore) but at a very low offer price of Rs. 0.50 per share, indicating a micro-cap or distressed situation.

Operational Impact: Trading members and custodians need to ensure technical readiness for the OTB module through iBBS and RTRMS platforms. The 10-day window provides adequate time for eligible shareholders to participate.

Shareholder Impact: Provides exit opportunity for shareholders at Rs. 0.50 per share. The low offer price relative to face value (Rs. 10.00) suggests significant discount, which shareholders should evaluate carefully.

Impact Justification

Medium impact as this is a company-specific buyback with modest offer size and low offer price. Important for shareholders of SHENTRACON CHEMICALS but limited broader market impact.