Description
BSE announces the schedule for takeover offer of Premium Capital Market and Investments Ltd from January 16 to January 30, 2026, with offer price of Rs. 6.40 per share for up to 17,04,000 equity shares.
Summary
BSE has announced the schedule of activities for the Offer to Buy – Acquisition Window (Takeover) of shares of PREMIUM CAPITAL MARKET AND INVESTMENTS LTD. The offer will be conducted from Friday, January 16, 2026, to Thursday, January 30, 2026. The acquirer is offering Rs. 6.40 per share for up to 17,04,000 equity shares through the OTB platform.
Key Points
- Security Name: PREMIUM CAPITAL MARKET AND INVESTMENTS LTD
- Security Symbol: PREMCAPM
- ISIN: INE555D01019
- Scrip Code: 511660
- Offer Size: Up to 17,04,000 Equity Shares
- Market Lot: 1
- Face Value: Rs. 10.00
- Offer Price: Rs. 6.40 per share
- Opening Date: Friday, January 16, 2026
- Closing Date: Thursday, January 30, 2026
- Trading Members can bid for investors having shares in demat form
- UCC of investors must be registered with correct PAN Number and Category
Regulatory Changes
No regulatory changes. This is a standard takeover offer process following existing OTB framework as per Exchange Notices no. 20150930-1 dated September 30, 2015 and 20170203-29 dated February 3, 2017.
Compliance Requirements
- Trading Members and Custodian Members must note the 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 must use iBBS platform (Internet: https://ibbs.bseindia.com/ or Leased Line: https://ibbsll.bseindia.com/) or RTRMS for participation
- Files on the Extranet for acceptance of bids will be available after confirmation from Merchant Banker/RTA after issue closure
Important Dates
- Offer Opening Date: January 16, 2026
- Offer Closing Date: January 30, 2026
- Bid Offering Period: January 16 to January 30, 2026 (9:15 AM to 3:30 PM)
- Give-up/Take-up Period: January 16 to January 29, 2026 (9:15 AM to 3:30 PM)
- Give-up (Last Day): January 30, 2026 (9:15 AM to 3:30 PM)
- Take-up (Last Day): January 30, 2026 (9:15 AM to 4:00 PM)
Impact Assessment
This is a company-specific takeover offer with minimal market-wide impact. It affects only shareholders of PREMIUM CAPITAL MARKET AND INVESTMENTS LTD who wish to tender their shares. The offer size is limited to 17,04,000 equity shares at Rs. 6.40 per share. Trading members handling clients with holdings in PREMCAPM need to facilitate the bidding process through the OTB platform during the specified period. No impact on broader market operations or trading in other securities.
Impact Justification
Company-specific takeover offer with limited market-wide impact, affects only shareholders of PREMCAPM