Description

Revised schedule for buyback acquisition window of ESHA MEDIA RESEARCH LTD shares from January 13-28, 2026, with offer price of Rs. 15.00 per share for up to 22,89,802 equity shares.

Summary

BSE has issued a revised live activities schedule for the Offer to Buy – Acquisition Window (Buyback) of shares of ESHA MEDIA RESEARCH LTD (Security Symbol: ESHAMEDIA, Scrip Code: 531259, ISIN: INE328F01016). The buyback will run from Tuesday, January 13, 2026 to Wednesday, January 28, 2026, with an offer to purchase up to 22,89,802 equity shares at Rs. 15.00 per share (face value Rs. 10.00).

Key Points

  • Security: ESHA MEDIA RESEARCH LTD (ESHAMEDIA)
  • Scrip Code: 531259, ISIN: INE328F01016
  • Offer Size: Up to 22,89,802 equity shares
  • Offer Price: Rs. 15.00 per share (face value Rs. 10.00)
  • Market Lot: 1
  • 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)
  • Trading members can bid for investors with shares in demat form only
  • Multiple bidding categories available: FII, FI, MF, IC, OTH, NOH, CO, IND

Regulatory Changes

This is a revised schedule notice updating the previously published timeline for the buyback acquisition window. No new regulatory changes are introduced.

Compliance Requirements

  • Trading Members and Custodian Members must note the revised schedule
  • Trading Members must ensure UCC of investors is registered/updated with correct PAN Number and Category in Exchange UCC database
  • Members can only bid for investors having shares in demat form
  • Members must refer to Exchange Notices no. 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017) for operational instructions
  • If no securities are accepted, no End of Issue files will be generated in Extranet

Important Dates

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

Impact Assessment

This circular has limited market-wide impact as it pertains to a specific company buyback. The impact is primarily on:

  • Shareholders of ESHA MEDIA RESEARCH LTD: Opportunity to tender shares in the buyback at Rs. 15.00 per share
  • Trading Members: Need to be aware of the revised schedule and operational requirements for facilitating client participation
  • Custodian Members: Must note schedule for processing buyback orders

The buyback size of up to 22,89,802 shares at Rs. 15.00 represents a total value of approximately Rs. 3.43 crores, indicating a relatively small corporate action with minimal broader market impact.

Impact Justification

Revised schedule for a specific company buyback with limited market-wide impact, primarily relevant to shareholders of ESHA MEDIA RESEARCH LTD and participating trading members