Description

Schedule of activities for the acquisition window (takeover) of CLASSIC FILAMENTS LIMITED shares from February 11-25, 2026 on BSE platform.

Summary

BSE has announced the schedule of activities for the Offer to Buy – Acquisition Window (Takeover) of CLASSIC FILAMENTS LIMITED (CFL) shares. The offer window will be open from February 11, 2026 to February 25, 2026. The offer is for up to 15,89,471 equity shares at Rs. 12.00 per share. Trading members and custodian members can participate through the iBBS platform and RTRMS system.

Key Points

  • Security: CLASSIC FILAMENTS LIMITED (Symbol: CFL, ISIN: INE181U01018, Scrip Code: 540310)
  • Offer Size: Up to 15,89,471 equity shares
  • Offer Price: Rs. 12.00 per share
  • Face Value: Rs. 10.00
  • Market Lot: 1 share
  • Offer Period: February 11, 2026 (Wednesday) to February 25, 2026 (Wednesday)
  • Bid Offering Timings: 9:15 AM to 3:30 PM (Feb 11-25)
  • Give-up/Take-up Timings: 9:15 AM to 3:30 PM (Feb 11-24)
  • Last Day Give-up: February 25, 2026 (9:15 AM to 3:30 PM)
  • Last Day Take-up: February 25, 2026 (9:15 AM to 4:00 PM)

Regulatory Changes

No new regulatory changes. This circular follows existing OTB operational framework as per Exchange Notices No. 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
  • Bidding Eligibility: Trading members can bid only for investors having shares in demat form
  • Platform Access: Members must use iBBS platform (Internet: https://ibbs.bseindia.com/ or Leased Line: https://ibbsll.bseindia.com/) and RTRMS for participation
  • Investor Categories: Bids accepted from FII, FI, Mutual Funds, Insurance Companies, Other QIBs, Non-Institutional Investors, Companies, and Individuals
  • File Access: End-of-issue files available on Extranet (https://member.bseindia.com/) after confirmation from Merchant Banker/RTA post-closure
  • Note: No end-of-issue files will be generated if no securities are accepted

Important Dates

  • Offer Opening: February 11, 2026 (Wednesday)
  • Offer Closing: February 25, 2026 (Wednesday)
  • Bid Period: February 11-25, 2026 (9:15 AM - 3:30 PM daily)
  • Give-up/Take-up Period: February 11-24, 2026 (9:15 AM - 3:30 PM)
  • Last Day Give-up: February 25, 2026 (9:15 AM - 3:30 PM)
  • Last Day Take-up: February 25, 2026 (9:15 AM - 4:00 PM extended)

Impact Assessment

Market Impact: Low - This is a company-specific takeover offer affecting only CLASSIC FILAMENTS LIMITED shareholders. The offer size of 15,89,471 shares represents a targeted acquisition window with no broader market implications.

Operational Impact: Medium for participating members - Trading members and custodians handling CFL shares will need to facilitate client participation during the 15-day window. Requires proper UCC registration and demat account verification.

Investor Impact: High for CFL shareholders - Shareholders have the opportunity to tender their shares at Rs. 12.00 per share during the specified window. The offer price represents a 20% premium over face value.

Contact Information

iBBS Support:

Listing Support:

Impact Justification

Company-specific takeover offer with limited market-wide impact. Important for CFL shareholders and participating members during the specified window.