Description

Revised schedule for acquisition window takeover offer for ESHA MEDIA RESEARCH LTD equity shares from January 13-28, 2026 at Rs. 15.00 per share.

Summary

BSE has announced a revised live activities schedule for the Offer to Buy – Acquisition Window (Takeover) for ESHA MEDIA RESEARCH LTD (ESHAMEDIA, Scrip Code: 531259). The offer is for up to 22,89,802 equity shares at Rs. 15.00 per share, with the offer period running from Tuesday, January 13, 2026 to Wednesday, January 28, 2026. Trading members and custodian members can participate through the iBBS and RTRMS platforms.

Key Points

  • Security Details: ESHA MEDIA RESEARCH LTD (ESHAMEDIA), ISIN: INE328F01016, Scrip Code: 531259
  • Offer Size: Up to 22,89,802 equity shares
  • 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 - 3:30 PM)
  • Give-up/Take-up Period: January 12-27, 2026 (9:15 AM - 3:30 PM)
  • Last Day Give-up: January 28, 2026 (9:15 AM - 3:30 PM)
  • Last Day Take-up: January 28, 2026 (9:15 AM - 4:00 PM)

Regulatory Changes

No regulatory changes introduced. This is a procedural circular announcing a revised schedule for a company-specific takeover offer.

Compliance Requirements

  • Trading Members: Must ensure investor UCC is registered/updated with correct PAN number and category in Exchange UCC database
  • Eligible Participants: Trading members can bid for investors having shares in demat form only
  • Platform Access: Members must use iBBS (https://ibbs.bseindia.com/) or RTRMS (https://rtrms.bseindia.com/) platforms for participation
  • Reference Circulars: Members should refer to Exchange Notices No. 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017) for operational instructions
  • Extranet Files: Files for acceptance of bids available after issue closure upon confirmation from Merchant Banker/RTA

Important Dates

  • Bid Offering Period Start: January 12, 2026 at 9:15 AM
  • Offer Opening Date: January 13, 2026
  • Give-up/Take-up Period: January 12-27, 2026
  • Offer Closing Date: January 28, 2026
  • Last Day for Give-up: January 28, 2026 (9:15 AM - 3:30 PM)
  • Last Day for Take-up: January 28, 2026 (9:15 AM - 4:00 PM)

Impact Assessment

Market Impact: Low - This is a company-specific takeover offer affecting only ESHA MEDIA RESEARCH LTD shareholders and does not have broader market implications.

Operational Impact: Low to Medium for participating members - Trading members and custodians handling ESHAMEDIA shares will need to facilitate the offer process for eligible investors during the specified period.

Investor Categories Eligible: Foreign Institutional Investors (FII), Financial Institutions (FI), Mutual Funds (MF), Insurance Companies (IC), Other QIBs, Non-Institutional Investors (NIB), Companies (CO), and Individuals (IND).

Contact Information: Detailed contact information provided for iBBS, RTRMS, and Extranet support, including Trading Operations team (022-22728005) and Listing Sales team contacts.

Impact Justification

Company-specific takeover offer with limited market-wide impact, affects only ESHA MEDIA RESEARCH LTD shareholders