Description
BSE extends the acquisition window (takeover) period for Shree Digvijay Cement Company Limited from January 16, 2026 to January 19, 2026, excluding the exchange holiday on January 15, 2026.
Summary
BSE has issued a revision notice extending the Acquisition Window (Takeover) for Shree Digvijay Cement Company Limited. The acquisition window, originally scheduled to end on Friday, January 16, 2026, has been extended to Monday, January 19, 2026. This extension excludes January 15, 2026 (Thursday), which has been declared as an Exchange Holiday due to Municipal Corporation Elections in Maharashtra. This notice is in continuation of notice no. 20251231-35 issued on December 31, 2025.
Key Points
- Acquisition Window (Takeover) for Shree Digvijay Cement Company Limited extended by one trading day
- Extension period: From Friday, January 16, 2026 to Monday, January 19, 2026
- January 15, 2026 (Thursday) excluded as it is an Exchange Holiday
- Reason for holiday: Municipal Corporation Elections in Maharashtra
- This is a continuation of previous notice no. 20251231-35 dated December 31, 2025
- All market participants are required to note this revision
Regulatory Changes
No new regulatory changes introduced. This is an administrative revision to the previously announced acquisition window timeline, adjusting for an exchange holiday.
Compliance Requirements
- All market participants must note the revised acquisition window dates
- Trading members and participants involved in the takeover process must adjust their timelines accordingly
- Acquirers and target company stakeholders must comply with the extended acquisition window period
Important Dates
- January 13, 2026: Notice issued
- January 15, 2026: Exchange Holiday (Thursday) - Municipal Corporation Elections in Maharashtra
- January 16, 2026: Original end date of acquisition window (Friday)
- January 19, 2026: Revised end date of acquisition window (Monday)
Impact Assessment
Market Impact: Medium - The extension provides additional time for the takeover process for Shree Digvijay Cement Company Limited, affecting only participants involved in this specific acquisition.
Operational Impact: The one-day extension (excluding the holiday) allows market participants additional time to complete takeover-related activities. The extension accommodates the scheduled exchange holiday due to state elections, ensuring fair trading opportunity.
Stakeholder Impact: Acquirers, target company shareholders, and market participants involved in this takeover process have an extended window to participate in the acquisition window trading mechanism.
Impact Justification
Extension of takeover acquisition window affects trading participants and potential acquirers of Shree Digvijay Cement Company Limited, with medium impact due to limited extension period and specific company scope.