Description

Schedule of activities for the Offer to Buy (Acquisition Window/Takeover) of Shashank Traders Limited shares, scheduled from February 9, 2026 to February 23, 2026.

Summary

BSE has announced the schedule for the Offer to Buy (Acquisition Window/Takeover) of shares of Shashank Traders Limited. The offer will be conducted from Monday, February 9, 2026 to Monday, February 23, 2026. Up to 15,46,900 equity shares are being offered at Rs. 30.00 per share.

Key Points

  • Security: Shashank Traders Limited (Symbol: SHASHANK, Scrip Code: 540221)
  • ISIN: INE508R01018
  • Offer Size: Up to 15,46,900 equity shares
  • Offer Price: Rs. 30.00 per share
  • Face Value: Rs. 10.00
  • Market Lot: 1
  • Offer Period: February 9, 2026 to February 23, 2026
  • Bid Offering Hours: 9:15 AM to 3:30 PM (all days during offer period)
  • Give-up/Take-up Period: February 9, 2026 to February 20, 2026 (9:15 AM to 3:30 PM)
  • Last Day Give-up: February 23, 2026 (9:15 AM to 3:30 PM)
  • Last Day Take-up: February 23, 2026 (9:15 AM to 4:00 PM)

Regulatory Changes

No regulatory changes. This is a standard offer to buy process conducted through BSE’s OTB module.

Compliance Requirements

For Trading Members and Custodians:

  1. UCC Registration: Ensure the Investor’s UCC is registered and/or updated with correct PAN Number and Category in the Exchange UCC database
  2. Demat Requirement: Trading Members can bid only for investors having shares in demat form
  3. Platform Access: Use designated URLs for accessing iBBS, RTRMS, and Extranet platforms
  4. Operational Instructions: Refer to Exchange Notices No. 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017) for operational instructions
  5. File Availability: Files on the Extranet for acceptance of bids will be available when confirmation of acceptance is received by the Exchange from the Merchant Banker/RTA after the issue closure
  6. No Securities Accepted: If no securities are accepted, no End of Issue files will be generated in Extranet

Bidding Categories:

  • FII: Foreign Institutional Buyer
  • FI: Financial Institution
  • MF: Mutual Fund
  • IC: Insurance Companies
  • OTH: Other QIBs
  • NOH: Other NIB
  • CO: Company
  • IND: Individual

Important Dates

  • Offer Opening Date: Monday, February 9, 2026
  • Offer Closing Date: Monday, February 23, 2026
  • Bid Offering Period: February 9, 2026 to February 23, 2026
  • Give-up/Take-up Period: February 9, 2026 to February 20, 2026
  • Last Day for Give-up: February 23, 2026
  • Last Day for Take-up: February 23, 2026 (extended till 4:00 PM)

Impact Assessment

Market Impact:

Limited market-wide impact. This is a company-specific takeover offer affecting only shareholders of Shashank Traders Limited.

Operational Impact:

Trading members and custodians need to ensure their systems and UCC databases are updated to facilitate smooth bidding process. Access to iBBS, RTRMS, and Extranet platforms is required.

Contact Information:

iBBS Login & Password Support:

OTB Module Support:

Platform URLs:

Impact Justification

Company-specific takeover offer with limited market-wide impact. Relevant only to shareholders of Shashank Traders Limited and participating trading members.