Description
Revised schedule for acquisition window (takeover) of SHREE DIGVIJAY CEMENT COMPANY LTD shares, offering up to 3.85 crore equity shares at Rs. 92.20 per share from January 5-19, 2026.
Summary
BSE has issued a revised schedule for the Offer to Buy – Acquisition Window (Takeover) for SHREE DIGVIJAY CEMENT COMPANY LTD. The offer is for up to 3,85,43,837 equity shares at Rs. 92.20 per share, running from Monday, January 5, 2026 to Monday, January 19, 2026. Trading Members and Custodian Members are notified of the operational timings and procedures for participation through the iBBS and RTRMS platforms.
Key Points
- Offer size: Up to 3,85,43,837 equity shares of SHREE DIGVIJAY CEMENT COMPANY LTD
- Offer price: Rs. 92.20 per share
- Security Symbol: SHREDIGCEM (Scrip Code: 502180, ISIN: INE232A01011)
- Face value: Rs. 10.00, Market lot: 1
- Offer period: January 5, 2026 to January 19, 2026
- Bid offering period: 9:15 AM to 3:30 PM daily
- Give-up/Take-up facility available with specific timings
- Multiple investor categories eligible: FII, FI, MF, IC, Other QIBs, Companies, and Individuals
- Access through iBBS and RTRMS platforms (Internet and Leased Line URLs provided)
Regulatory Changes
This is a revised schedule notice, updating the previously communicated activities timeline for the takeover offer. No new regulatory changes are introduced; the circular reinforces existing OTB operational procedures as per Exchange Notices 20150930-1 and 20170203-29.
Compliance Requirements
- Trading Members must ensure investor UCC is registered/updated with correct PAN Number and Category in Exchange UCC database
- Trading Members can only bid for investors having shares in demat form
- Members and Custodians must note that if no securities are accepted, no End of Issue files will be generated in Extranet
- Participants must use designated contact points for login IDs and password resets
- All bids must be placed through authorized iBBS or RTRMS platforms during specified session timings
Important Dates
- Offer Opening Date: Monday, January 5, 2026
- Offer Closing Date: Monday, January 19, 2026
- Bid Offering Period: January 5-19, 2026 (9:15 AM to 3:30 PM)
- Give-up/Take-up Period: January 5-16, 2026 (9:15 AM to 3:30 PM)
- Give-up (Last Day): January 19, 2026 (9:15 AM to 3:30 PM)
- Take-up (Last Day): January 19, 2026 (9:15 AM to 4:00 PM - extended by 30 minutes)
Impact Assessment
Market Impact: Medium - The offer involves a substantial number of shares (3.85 crore equity shares) of SHREE DIGVIJAY CEMENT COMPANY LTD at a fixed price of Rs. 92.20. This takeover offer provides an exit opportunity for existing shareholders during the 15-day window.
Operational Impact: Trading members and custodians participating in the OTB process need to ensure their systems and UCC databases are updated. The revised schedule requires members to adjust their operational workflows accordingly.
Investor Impact: Shareholders of SHREDIGCEM have a defined window to participate in the acquisition offer through their trading members. The offer is open to multiple investor categories including institutional and retail investors, providing liquidity options for stakeholders.
Impact Justification
Revised schedule for a significant takeover offer affecting up to 3.85 crore shares, relevant for shareholders and trading members participating in the acquisition window.