Description
BSE announces the Offer to Buy (OTB) Acquisition Window schedule for PANKAJ POLYMERS LTD (PANKAJPO), open from 25th February 2026 to 11th March 2026 at an offer price of Rs. 40.00 per share for up to 14,41,414 equity shares.
Summary
BSE has announced the Offer to Buy (OTB) – Acquisition Window (Takeover) schedule for PANKAJ POLYMERS LTD (Symbol: PANKAJPO, Scrip Code: 531280, ISIN: INE698B01011). The offer runs from Wednesday, 25th February 2026 to Wednesday, 11th March 2026 at 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 runs 9:15 a.m. to 3:30 p.m. daily from 25th Feb to 11th March 2026
- Give-up / Take-up sessions run 9:15 a.m. to 3:30 p.m. from 25th Feb to 10th March 2026
- On the last day (11th March 2026), Give-up closes at 3:30 p.m. and Take-up closes at 4:00 p.m.
- Only shares held in demat form are eligible for bidding
Regulatory Changes
No new regulatory changes introduced. This circular operationalises the existing OTB framework as per Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017).
Compliance Requirements
- Trading Members and Custodian Members must adhere to the prescribed session timings for bid submission
- Trading Members must ensure the Unique Client Code (UCC) of investors is registered and/or updated with the correct PAN Number and Category in the Exchange UCC database
- Members bidding must ensure investor shares are held in demat form
- Members and Custodians should note that no End of Issue files will be generated on Extranet if no securities are accepted
- For system access (iBBS, RTRMS, Extranet), members should use the designated contact: Trading Operations at 022-22728005 or user.trdops@bseindia.com
Important Dates
| Event | Date | Timing |
|---|---|---|
| Offer Opens | 25th February 2026 | 9:15 a.m. |
| Bid Offering Period | 25th Feb – 11th March 2026 | 9:15 a.m. – 3:30 p.m. |
| Give-up / Take-up | 25th Feb – 10th March 2026 | 9:15 a.m. – 3:30 p.m. |
| Give-up (Last Day) | 11th March 2026 | 9:15 a.m. – 3:30 p.m. |
| Take-up (Last Day) | 11th March 2026 | 9:15 a.m. – 4:00 p.m. |
| Offer Closes | 11th March 2026 | 4:00 p.m. |
Impact Assessment
This circular directly impacts trading and custodian members participating in the open offer for PANKAJ POLYMERS LTD. The offer price of Rs. 40.00 per share and a sizeable offer size of up to 14,41,414 shares signal a significant acquisition event. Members must ensure timely UCC compliance and system readiness on iBBS and RTRMS platforms. Investors holding PANKAJPO shares in demat form may tender shares during the offer window. The extended 15-day window provides adequate time for participation across all eligible investor categories including FIIs, FIs, Mutual Funds, Insurance Companies, and Individuals.
Impact Justification
This circular announces a live takeover acquisition window for PANKAJ POLYMERS LTD with specific session timings, bidding categories, and operational instructions for trading and custodian members, directly affecting participation in the open offer.