Description

Schedule of activities for the Offer for Sale of 5,65,725 shares of AANCHAL ISPAT LTD scheduled for February 3-4, 2026 on BSE.

Summary

BSE has announced the schedule of activities for the Offer for Sale (OFS) of shares of AANCHAL ISPAT LTD (Security Symbol: AANCHALISP, Security Code: 538812, ISIN: INE322R01022). The OFS will be conducted on February 3-4, 2026, with a total offer size of 5,65,725 shares at a floor price of Rs. 50.00 per share with price priority allocation methodology.

Key Points

  • Total offer size: 5,65,725 shares
  • Floor price: Rs. 50.00 per share with tick size of Rs. 0.01
  • Face value: Rs. 10 per share
  • Market lot: 1 share
  • Retail reservation: 10% of issue size (56,573 shares)
  • Non-retail offer: 5,09,153 shares
  • Allocation methodology: Price Priority Method
  • Bidding for IC/MF/OTH/NII: February 3, 2026 (T Day)
  • Bidding for RI/RIC: February 4, 2026 (T+1 Day)
  • Session timings: 9:15 AM to 3:30 PM on respective bid days

Regulatory Changes

No regulatory changes. This is a procedural notice for a company-specific offer for sale event.

Compliance Requirements

  • Trading Members and Custodian Members must note the OFS schedule
  • Retail investors bidding in NII category will not be eligible for any discount offered by sellers
  • If cumulative bid value of retail investor exceeds Rs. 2 lakhs across exchanges, bids in RI and RIC categories become ineligible
  • Multiple bidding is allowed
  • Margin requirements vary by investor category: 100% upfront margin for most categories, with 0% margin option available for institutional investors
  • Different collateral types accepted: Cash and Cash Equivalents for RI/RIC, Cash only for other categories

Important Dates

  • February 3, 2026 (T Day): Bid entry, modification and cancellation for IC/MF/OTH/NII from 9:15 AM to 3:30 PM
  • February 4, 2026 (T+1 Day): Give up/Take up for institutional investors (0% margin bids) until 7:30 AM; Bid entry, modification and cancellation for RI/RIC from 9:15 AM to 3:30 PM
  • February 5, 2026 (T+2 Day): Give up/Take up for institutional investors until 7:30 AM; Settlement day for various categories

Impact Assessment

Market Impact: Low - This is a company-specific OFS for a relatively small offering. The impact is limited to participants interested in AANCHAL ISPAT LTD shares.

Operational Impact: Medium for participating members - Trading and custodian members need to be aware of the detailed bidding schedules, investor categories, margin requirements, and platform access URLs (iBBS, RTRMS, Extranet) to facilitate client participation in the OFS.

Investor Categories: The OFS accommodates multiple investor types with specific bidding categories - Retail Investors (RI/RIC with up to Rs. 2 lakhs bid value), Non-Institutional Investors (NII), and Institutional Investors (MF/IC/OTHS) with varying margin and settlement timelines.

Impact Justification

Company-specific OFS with detailed bidding schedule for trading members. Limited broader market impact but important for participants in this specific offering.