Description
BSE announces the schedule for the Offer to Buy (Acquisition Window/Takeover) of shares of Pankaj Polymers Ltd, open from February 25 to March 11, 2026, at 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 is open from Wednesday, February 25, 2026 to Wednesday, March 11, 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
- Face Value: Rs. 10.00 per share
- Offer Price: Rs. 40.00 per share
- Market Lot: 1
- Opening Date: Wednesday, February 25, 2026
- Closing Date: Wednesday, March 11, 2026
- Bid Offering Period runs 9:15 a.m. to 3:30 p.m. daily throughout the offer
- Give-up/Take-up sessions run February 25 to March 10, 2026 (9:15 a.m.–3:30 p.m.)
- On the last day (March 11, 2026), Give-up closes at 3:30 p.m. and Take-up closes at 4:00 p.m.
- Bidding categories include FII, FI, MF, IC, Other QIBs, NIB, Company, and Individual investors
Regulatory Changes
No new regulatory changes introduced. This notice is operational in nature, providing the schedule and platform access details for participation in the OTB acquisition window as per existing SEBI/BSE takeover regulations.
Compliance Requirements
- Trading Members must ensure the UCC of each investor 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 if no securities are accepted, no End of Issue files will be generated in the Extranet.
- For operational instructions, members should refer to Exchange Notices No. 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017).
- For Leased Line URL access settings, refer to Exchange Circular No. 20170503-12.
Important Dates
| Event | Date | Time |
|---|---|---|
| Bid Offering Period Opens | February 25, 2026 | 9:15 a.m. |
| Give-up / Take-up Period Opens | February 25, 2026 | 9:15 a.m. |
| Give-up / Take-up Period Closes (regular days) | March 10, 2026 | 3:30 p.m. |
| Give-up (last day) | March 11, 2026 | 9:15 a.m. – 3:30 p.m. |
| Take-up (last day) | March 11, 2026 | 9:15 a.m. – 4:00 p.m. |
| Bid Offering Period Closes | March 11, 2026 | 3:30 p.m. |
Impact Assessment
This notice is relevant primarily to trading members, custodians, and investors holding shares of Pankaj Polymers Ltd. The offer price of Rs. 40.00 per share and an offer size of up to 14,41,414 shares represent a defined exit opportunity for existing shareholders under the takeover framework. The impact is limited to participants in this specific scrip; broader market impact is low. Members must ensure UCC compliance and platform readiness on iBBS and RTRMS before the offer opens on February 25, 2026.
Impact Justification
Company-specific takeover offer with defined schedule and operational instructions for trading and custodian members; limited to Pankaj Polymers Ltd shareholders and participants in the OTB window.