Description
Revised schedule of activities for the Offer to Buy – Acquisition Window (Takeover) of shares of SHENTRACON CHEMICALS LIMITED scheduled from January 12, 2026 to January 27, 2026.
Summary
BSE has issued a revised schedule for the Offer to Buy – Acquisition Window (Takeover) for shares of SHENTRACON CHEMICALS LIMITED (Security Symbol: FILTRON). The offer period runs from Monday, January 12, 2026 to Tuesday, January 27, 2026. The offer is for up to 1,65,14,290 equity shares at an offer price of Rs. 0.50 per share.
Key Points
- Security Name: SHENTRACON CHEMICALS LIMITED
- Security Symbol: FILTRON
- ISIN: INE589N01017
- Scrip Code: 531191
- 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
- Offer Period: January 12, 2026 to January 27, 2026
- Trading Members can bid for investors having shares in demat form only
- UCC registration with correct PAN and Category is mandatory
Regulatory Changes
This is a revised schedule circular. No new regulatory changes are introduced.
Compliance Requirements
- Trading Members and Custodian Members must note the revised schedule of activities
- Trading Members must ensure UCC of the investor is registered and/or updated with correct PAN Number and Category in the Exchange UCC database
- Trading Members can only bid for investors having shares in demat form
- Members and Custodians should refer to Exchange Notices No. 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017) for operational instructions
Important Dates
Offer Period
- Opening Date: Monday, January 12, 2026
- Closing Date: Tuesday, January 27, 2026
Session Timings (Live OTB Session)
| Activity | From Date | To Date | Timing |
|---|---|---|---|
| Bid Offering Period | January 12, 2026 | January 27, 2026 | 9:15 AM - 3:30 PM |
| Give-up / Take-up | January 12, 2026 | January 23, 2026 | 9:15 AM - 3:30 PM |
| Give-up (last day) | January 27, 2026 | January 27, 2026 | 9:15 AM - 3:30 PM |
| Take-up (last day) | January 27, 2026 | January 27, 2026 | 9:15 AM - 4:00 PM |
Bidding Categories
- Foreign Institutional Buyer (FII)
- Financial Institution (FI)
- Mutual Fund (MF)
- Insurance Companies (IC)
- Other QIBs (OTH)
- Other NIB (NOH)
- Company (CO)
- Individual (IND)
Impact Assessment
Market Impact: Medium - This revised schedule affects shareholders of SHENTRACON CHEMICALS LIMITED who wish to participate in the takeover offer. The low offer price of Rs. 0.50 per share (against face value of Rs. 10.00) indicates significant financial distress or restructuring.
Operational Impact: Trading members and custodians need to update their systems and processes to accommodate the revised timeline. Members must ensure investor UCC details are updated before participating.
Platform Access: Multiple platforms are available for participation:
- iBBS platform: https://ibbs.bseindia.com/ (Internet) / https://ibbsll.bseindia.com/ (Leased Line)
- RTRMS: https://rtrms.bseindia.com/ (Internet) / https://rtrmsll.bseindia.com/ (Leased Line)
- Extranet: https://member.bseindia.com/ (Internet) / https://memberll.bseindia.com/ (Leased Line)
Contact Support: Detailed contact information provided for Trading Operations and Listing Sales teams for technical assistance with iBBS, RTRMS, and Extranet access.
Impact Justification
Revised schedule for takeover offer affects shareholders and trading members dealing with SHENTRACON CHEMICALS LIMITED (FILTRON). Medium importance as it's a procedural update for a specific corporate action with defined timelines.