Description

Schedule of activities for acquisition window (takeover) of Classic Filaments Limited shares from February 11-25, 2026, offering up to 15,89,471 equity shares at Rs. 12.00 per share.

Summary

BSE has announced the schedule for an Offer to Buy – Acquisition Window (Takeover) for Classic Filaments Limited (CFL). The offer will run from February 11, 2026 to February 25, 2026, with an offer to acquire up to 15,89,471 equity shares at Rs. 12.00 per share. Trading members and custodian members can participate through the iBBS and RTRMS platforms during specified session timings.

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
  • Offer Period: February 11, 2026 to February 25, 2026
  • Bid Offering Period: 9:15 AM to 3:30 PM (Feb 11-25, 2026)
  • Give-up/Take-up Period: 9:15 AM to 3:30 PM (Feb 11-24, 2026)
  • Last Day Give-up: 9:15 AM to 3:30 PM (Feb 25, 2026)
  • Last Day Take-up: 9:15 AM to 4:00 PM (Feb 25, 2026)

Regulatory Changes

No regulatory changes introduced. This circular provides operational procedures for a specific takeover offer following existing OTB framework.

Compliance Requirements

  • Trading members must ensure investor UCC is registered/updated with correct PAN number and category in Exchange UCC database
  • Trading members can only bid for investors holding 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
  • Members and custodians to note that if no securities are accepted, no End of Issue files will be generated in Extranet

Important Dates

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

Impact Assessment

Market Impact: Low - This is a company-specific takeover offer affecting only shareholders of Classic Filaments Limited.

Operational Impact: Medium for participating members - Trading members and custodians need to facilitate the OTB process through designated platforms (iBBS, RTRMS, Extranet).

Investor Categories Eligible: Foreign Institutional Buyers (FII), Financial Institutions (FI), Mutual Funds (MF), Insurance Companies (IC), Other QIBs (OTH), Other NIB (NOH), Companies (CO), and Individuals (IND).

Platform Access:

Contact Support: Trading Operations available at 022-22728005 (email: user.trdops@bseindia.com) for login and password issues. Specific OTB module contacts provided including Sandeep Pujari, Rushi Bhoir, Hormazdiar Mobedji, Mangesh Tayde, and Rinkesh Gaikwad.

Impact Justification

Standard takeover offer procedure for a specific company with limited market-wide impact, primarily affecting shareholders of Classic Filaments Limited