Description

BSE announces the schedule for the Offer to Buy (Acquisition Window/Takeover) of up to 6,57,599 equity shares of Netlink Solutions India Limited at Rs. 201 per share, running from January 28, 2026 to February 10, 2026.

Summary

BSE has announced the live activities schedule for an Offer to Buy (Acquisition Window/Takeover) for shares of NETLINK SOLUTIONS INDIA LIMITED (Scrip Code: 509040, ISIN: INE040F01033). The offer is for up to 6,57,599 equity shares at a price of Rs. 201 per share. The offer period runs from Wednesday, January 28, 2026 to Tuesday, February 10, 2026. Trading members and custodian members can participate through the iBBS and RTRMS platforms.

Key Points

  • Security Details: Netlink Solutions India Limited (Symbol: NETLINK, Scrip: 509040)
  • Offer Size: Up to 6,57,599 equity shares
  • Offer Price: Rs. 201.00 per share
  • Face Value: Rs. 10.00
  • Market Lot: 1 share
  • Bid Offering Period: January 28, 2026 (9:15 AM) to February 10, 2026 (3:30 PM)
  • Give-up/Take-up Period: January 28 to February 9, 2026 (9:15 AM to 3:30 PM)
  • Last Day Give-up: February 10, 2026 (9:15 AM to 3:30 PM)
  • Last Day Take-up: February 10, 2026 (9:15 AM to 4:00 PM)
  • Eligible Participants: Only investors holding shares in demat form
  • Platform Access: iBBS and RTRMS (via internet and leased line)

Regulatory Changes

No regulatory changes introduced. This circular provides operational instructions for a standard OTB procedure as per existing framework established in Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017).

Compliance Requirements

  • Trading Members: Must ensure investor UCC is registered/updated with correct PAN Number and Category in Exchange UCC database
  • Eligible Bidding: Members can only bid for investors having shares in demat form
  • Platform Registration: Members and custodians must have active login credentials for iBBS, RTRMS, and Extranet systems
  • Category Selection: Bidders must specify investor category: FII, FI, MF, IC, OTH (Other QIBs), NOH (Other NIB), CO (Company), or IND (Individual)
  • File Processing: Acceptance confirmation files available on Extranet only after confirmation from Merchant Banker/RTA post-issue closure
  • Note: If no securities are accepted, no End of Issue files will be generated

Important Dates

  • Opening Date: Wednesday, January 28, 2026
  • Closing Date: Tuesday, February 10, 2026
  • Bid Offering Period: January 28 - February 10, 2026 (9:15 AM - 3:30 PM daily)
  • Give-up/Take-up Period: January 28 - February 9, 2026 (9:15 AM - 3:30 PM)
  • Last Day for Give-up: February 10, 2026 (9:15 AM - 3:30 PM)
  • Last Day for Take-up: February 10, 2026 (9:15 AM - 4:00 PM)

Impact Assessment

Market Impact: Low - This is a company-specific takeover offer affecting only shareholders of Netlink Solutions India Limited. The offer size of 6,57,599 shares represents a relatively small acquisition.

Operational Impact: Medium for participating members - Trading members and custodians need to ensure their systems and UCC databases are properly configured. Members must have access to iBBS and RTRMS platforms and ensure investor PAN details are correctly registered.

Investor Impact: Medium for Netlink shareholders - Shareholders holding shares in demat form have the opportunity to tender their shares at Rs. 201 per share during the 14-day offer period. The offer price represents a significant premium or discount depending on current market price.

Contact Support: BSE has provided comprehensive contact details for technical support (Trading Operations: 022-22728005, user.trdops@bseindia.com) and specific contacts for iBBS-OTB module queries.

Impact Justification

Company-specific takeover offer with limited market-wide impact. Affects only shareholders of Netlink Solutions India Limited. Standard OTB procedure with clear operational guidelines for trading members.