Description
Revised schedule for acquisition window (takeover) of ESHA MEDIA RESEARCH LTD shares from January 13-28, 2026 at offer price of Rs. 15.00 per share for up to 22,89,802 equity shares.
Summary
BSE has issued a revised schedule for the Offer to Buy – Acquisition Window (Takeover) for ESHA MEDIA RESEARCH LTD (Security Symbol: ESHAMEDIA, Scrip Code: 531259, ISIN: INE328F01016). The offer is for up to 22,89,802 equity shares at an offer price of Rs. 15.00 per share with a face value of Rs. 10.00. The acquisition window will run from Tuesday, January 13, 2026 to Wednesday, January 28, 2026. Trading members and custodian members can participate through the iBBS platform and RTRMS systems.
Key Points
- Offer size: Up to 22,89,802 equity shares of ESHA MEDIA RESEARCH LTD
- Offer price: Rs. 15.00 per share (Face value: Rs. 10.00)
- Market lot: 1 share
- Opening date: Tuesday, January 13, 2026
- Closing date: Wednesday, January 28, 2026
- Bid offering period: January 12-28, 2026 (9:15 AM to 3:30 PM)
- Eligible investor categories: FII, Financial Institutions, Mutual Funds, Insurance Companies, Other QIBs, Companies, and Individuals
- Trading members can bid only for investors having shares in demat form
- UCC registration with correct PAN and category is mandatory
Regulatory Changes
No regulatory changes. This is a revised schedule notification for an existing takeover offer process.
Compliance Requirements
- Trading members and custodian members must ensure investor UCC is registered/updated with correct PAN number and category in the Exchange UCC database
- Trading members can only bid for investors holding shares in demat form
- Members must access the OTB module through designated URLs (iBBS, RTRMS, and Extranet platforms)
- Internet URLs: https://ibbs.bseindia.com/, https://rtrms.bseindia.com/, https://member.bseindia.com/
- Leased Line URLs: https://ibbsll.bseindia.com/, https://rtrmsll.bseindia.com/, https://memberll.bseindia.com/
- Refer to Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017) for operational instructions
- For leased line URL access settings, refer to Exchange Circular No. 20170503-12
Important Dates
- Bid Offering Period: January 12-28, 2026 (9:15 AM to 3:30 PM)
- Give-up/Take-up Period: January 12-27, 2026 (9:15 AM to 3:30 PM)
- Give-up (Last Day): January 28, 2026 (9:15 AM to 3:30 PM)
- Take-up (Last Day): January 28, 2026 (9:15 AM to 4:00 PM)
- Opening Date: Tuesday, January 13, 2026
- Closing Date: Wednesday, January 28, 2026
Impact Assessment
Market Impact: Low - This is a company-specific takeover offer affecting only shareholders of ESHA MEDIA RESEARCH LTD.
Operational Impact: Medium for participating members - Trading members and custodians handling ESHAMEDIA shares need to be aware of the revised schedule and ensure proper system access and UCC compliance. The offer involves specific technical requirements for bidding through iBBS and RTRMS platforms.
Investor Impact: Medium for ESHAMEDIA shareholders - Eligible shareholders have the opportunity to tender their shares at Rs. 15.00 per share during the offer period. The revised schedule provides updated timelines for participation.
Contact information is provided for technical support related to iBBS, RTRMS, and Extranet access, with Trading Operations and Listing Sales teams available for assistance.
Impact Justification
Company-specific takeover offer with limited market-wide impact, relevant only to shareholders of ESHA MEDIA RESEARCH LTD and participating trading members