Description
BSE announces the schedule for Offer to Buy (Acquisition Window/Takeover) for PANKAJ POLYMERS LTD, open from 25th February 2026 to 11th March 2026, with an offer price of Rs. 40.00 per share for up to 14,41,414 equity shares.
Summary
BSE has announced the live activities schedule for the Offer to Buy (OTB) – Acquisition Window (Takeover) for PANKAJ POLYMERS LTD (Scrip Code: 531280, Symbol: PANKAJPO, ISIN: INE698B01011). The offer runs from Wednesday, 25th February 2026 to Wednesday, 11th March 2026, with an offer price of Rs. 40.00 per share for up to 14,41,414 equity shares.
Key Points
- Security: PANKAJ POLYMERS LTD | Symbol: PANKAJPO | ISIN: INE698B01011 | Scrip Code: 531280
- Offer Size: Up to 14,41,414 equity shares
- Offer Price: Rs. 40.00 per share
- Face Value: Rs. 10.00
- Market Lot: 1
- Opening Date: Wednesday, 25th February 2026
- Closing Date: Wednesday, 11th March 2026
- Bid Offering Period: 25th Feb 2026 – 11th Mar 2026, 9:15 AM to 3:30 PM
- Give-up / Take-up Period: 25th Feb 2026 – 10th Mar 2026, 9:15 AM to 3:30 PM
- Give-up (last day): 11th Mar 2026, 9:15 AM to 3:30 PM
- Take-up (last day): 11th Mar 2026, 9:15 AM to 4:00 PM
- Bidding is open to multiple investor categories: FII, FI, MF, IC, Other QIBs, NIB, Company, and Individual
Regulatory Changes
No new regulatory changes. This circular follows existing OTB operational instructions as per Exchange Notices No. 20150930-1 (dated 30 September 2015) and 20170203-29 (dated 3 February 2017).
Compliance Requirements
- Trading Members must ensure the UCC (Unique Client Code) of investors is registered and/or updated with the correct PAN Number and Category in the Exchange UCC database.
- Trading Members may only bid for investors holding shares in demat form.
- Members and Custodians should note that no End of Issue files will be generated on Extranet if no securities are accepted.
- Access to OTB module via iBBS platform (Internet: https://ibbs.bseindia.com/ | Leased Line: https://ibbsll.bseindia.com/)
- Access to RTRMS (Internet: https://rtrms.bseindia.com/ | Leased Line: https://rtrmsll.bseindia.com/)
- Extranet file access (Internet: https://member.bseindia.com/ | Leased Line: https://memberll.bseindia.com/)
Important Dates
| Event | Date | Timings |
|---|---|---|
| Bid Offering Period Opens | 25th February 2026 | 9:15 AM – 3:30 PM |
| Give-up / Take-up Period | 25th Feb – 10th Mar 2026 | 9:15 AM – 3:30 PM |
| Bid Offering Period Closes | 11th March 2026 | 9:15 AM – 3:30 PM |
| Give-up (Last Day) | 11th March 2026 | 9:15 AM – 3:30 PM |
| Take-up (Last Day) | 11th March 2026 | 9:15 AM – 4:00 PM |
Impact Assessment
This circular is relevant to trading members and custodians participating in the takeover acquisition window for PANKAJ POLYMERS LTD. The offer is limited in scope (up to 14,41,414 shares at Rs. 40.00 per share), and impact is confined to participants in this specific OTB. No systemic market impact is anticipated. Members should ensure timely UCC registration, demat verification, and platform access ahead of the 25th February 2026 opening.
Impact Justification
This is a routine OTB/takeover window announcement affecting trading members and custodians dealing in PANKAJ POLYMERS LTD shares. Impact is limited to participants in the specific offer; no broad market or regulatory change is involved.