Description
BSE announces revised live activities schedule for the acquisition window (takeover) of Shree Digvijay Cement Company Ltd shares from January 5-19, 2026 at Rs. 92.20 per share.
Summary
BSE has issued a revised live activities schedule for the Offer to Buy under the Acquisition Window (Takeover) for shares of Shree Digvijay Cement Company Ltd (SHREDIGCEM). The offer period runs from January 5, 2026 to January 19, 2026, with an offer price of Rs. 92.20 per share for up to 3,85,43,837 equity shares.
Key Points
- Security: Shree Digvijay Cement Company Ltd (SHREDIGCEM)
- ISIN: INE232A01011, Scrip Code: 502180
- Offer Size: Up to 3,85,43,837 equity shares
- Offer Price: Rs. 92.20 per share
- Face Value: Rs. 10.00
- Market Lot: 1 share
- Trading Members can bid for investors having shares in demat form only
- UCC Registration: Members must ensure investor UCC is registered with correct PAN and category
- Multiple investor categories eligible: FII, FI, MF, IC, Other QIBs, Companies, and Individuals
Regulatory Changes
This is a revised schedule notice. Trading members and custodian members must follow the updated timeline for bid offering, give-up/take-up activities.
Compliance Requirements
- Trading Members and Custodians must note the revised schedule of activities
- 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
- Access OTB Module through designated URLs (iBBS platform, RTRMS, and Extranet)
- Refer to Exchange Notices 20150930-1 (Sept 30, 2015) and 20170203-29 (Feb 3, 2017) for operational instructions
- Files on Extranet for bid acceptance available only after confirmation from Merchant Banker/RTA post-issue closure
- No End of Issue files will be generated if no securities are accepted
Important Dates
- Opening Date: Monday, January 5, 2026
- Closing Date: Monday, January 19, 2026
- Bid Offering Period: January 5-19, 2026 (9:15 AM - 3:30 PM)
- Give-up/Take-up Period: January 5-16, 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)
Impact Assessment
Market Impact: Medium - affects shareholders of Shree Digvijay Cement Company Ltd who wish to participate in the takeover offer.
Operational Impact: Trading members and custodians need to adjust their systems and processes to accommodate the revised schedule. Members must ensure proper UCC registration and utilize the correct platform URLs (iBBS, RTRMS, Extranet) for participation. The extended take-up window until 4:00 PM on the last day provides additional flexibility for final transactions.
Investor Impact: Shareholders holding up to 3,85,43,837 shares have the opportunity to tender their shares at Rs. 92.20 per share during the 15-day offer period. Only demat shareholders can participate through their trading members.
Impact Justification
Revised takeover schedule affects trading members and investors holding shares in a specific company. Medium impact limited to SHREDIGCEM shareholders and participating members.