Description
Revised schedule for the acquisition window takeover offer for Shree Digvijay Cement Company Ltd, with offer period from January 5-19, 2026 at Rs. 92.20 per share for up to 3.85 crore equity shares.
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. The offer period runs from Monday, January 5, 2026 to Monday, January 19, 2026. Trading Members and Custodian Members can facilitate bids through the iBBS platform and RTRMS during specified session timings.
Key Points
- Security Details: SHREE DIGVIJAY CEMENT COMPANY LTD (Symbol: 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
- Offer Period: January 5-19, 2026
- Bid Offering Period: 9:15 AM to 3:30 PM (January 5-19, 2026)
- Give-up/Take-up Period: 9:15 AM to 3:30 PM (January 5-16, 2026)
- Last Day Give-up: January 19, 2026 (9:15 AM to 3:30 PM)
- Last Day Take-up: January 19, 2026 (9:15 AM to 4:00 PM)
- Trading Members can only bid for investors holding shares in demat form
- UCC of investors must be registered with correct PAN and Category in Exchange database
Regulatory Changes
This is a revised schedule for an existing offer. No new regulatory changes are introduced. The circular references existing Exchange Notices (20150930-1 dated September 30, 2015 and 20170203-29 dated February 3, 2017) for operational instructions.
Compliance Requirements
- Trading Members and Custodian Members must note the revised schedule and facilitate bidding as per timelines
- Trading Members must ensure investor UCC is registered/updated with correct PAN Number and Category
- Trading Members can only bid for investors with shares in demat form
- Members must use iBBS platform (https://ibbs.bseindia.com/ or https://ibbsll.bseindia.com/) for bid placement
- Members must use RTRMS (https://rtrms.bseindia.com/ or https://rtrmsll.bseindia.com/) for related transactions
- Extranet access for files available at https://member.bseindia.com/ or https://memberll.bseindia.com/
- Files for acceptance of bids available on Extranet only after confirmation from Merchant Banker/RTA post-issue closure
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 - 3:30 PM)
- Give-up/Take-up Period: January 5-16, 2026 (9:15 AM - 3:30 PM)
- Last Day Give-up: January 19, 2026 (9:15 AM - 3:30 PM)
- Last Day Take-up: January 19, 2026 (9:15 AM - 4:00 PM)
- Circular Date: January 14, 2026
Impact Assessment
Market Impact: Medium - This takeover offer provides liquidity to existing shareholders of Shree Digvijay Cement Company Ltd who wish to exit their positions at the offer price of Rs. 92.20 per share. The offer size of up to 3.85 crore shares represents a significant acquisition opportunity.
Operational Impact: Trading Members and Custodians need to ensure their systems and processes are ready to handle bids through the OTB module. Proper UCC registration and demat account verification is critical for smooth execution. The revised schedule requires members to update their internal calendars and communicate timelines to affected clients.
Investor Categories: The offer is open to multiple investor categories including FII, FI, Mutual Funds, Insurance Companies, other QIBs, Companies, and Individual investors, providing broad market access to the acquisition window.
Impact Justification
Revised schedule for an ongoing takeover offer affecting shareholders of Shree Digvijay Cement. Medium impact as it pertains to a specific company's acquisition process with defined timelines for market participants.