Description
BSE announces the Offer to Buy (OTB) acquisition window schedule for PURETROP FRUITS LTD (Scrip Code: 530077), open from 17th to 23rd April 2026 at an offer price of Rs. 200 per share for up to 11,00,000 equity shares.
Summary
BSE has announced the live activities schedule for the Offer to Buy (OTB) – Acquisition Window under the Takeover regulations for PURETROP FRUITS LTD (Symbol: PURETROP, Scrip Code: 530077, ISIN: INE795D01011). The offer window is open from Friday, 17th April 2026 to Thursday, 23rd April 2026, at an offer price of Rs. 200.00 per share for up to 11,00,000 equity shares.
Key Points
- Security: PURETROP FRUITS LTD | Symbol: PURETROP | Scrip Code: 530077 | ISIN: INE795D01011
- Offer Size: Up to 11,00,000 equity shares
- Offer Price: Rs. 200.00 per share
- Face Value: Rs. 10.00
- Market Lot: 1
- Opening Date: Friday, 17th April 2026
- Closing Date: Thursday, 23rd April 2026
- Bid Offering Period: 17th–23rd April 2026, 9:15 AM to 3:30 PM
- Give-up / Take-up Period: 17th–22nd April 2026, 9:15 AM to 3:30 PM
- Give-up (last day): 23rd April 2026, 9:15 AM to 3:30 PM
- Take-up (last day): 23rd April 2026, 9:15 AM to 4:00 PM
- Only demat shares are eligible for bidding
Regulatory Changes
No new regulatory changes introduced. This notice operationalizes the OTB mechanism under existing SEBI Takeover regulations, as referenced in Exchange Notices 20150930-1 (dated 30 September 2015) and 20170203-29 (dated 3 February 2017).
Compliance Requirements
- 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.
- Only demat-form shares are eligible; physical shares cannot be tendered.
- Members and Custodians must note that if no securities are accepted, no End of Issue files will be generated on Extranet.
- Trading Members may refer to Exchange Circular No. 20170503-12 for Leased Line URL access settings.
Important Dates
| Event | Date |
|---|---|
| Offer Opens | Friday, 17th April 2026 |
| Bid / Give-up / Take-up Sessions | 17th–22nd April 2026 (9:15 AM – 3:30 PM) |
| Give-up Session (Last Day) | 23rd April 2026 (9:15 AM – 3:30 PM) |
| Take-up Session (Last Day) | 23rd April 2026 (9:15 AM – 4:00 PM) |
| Offer Closes | Thursday, 23rd April 2026 |
Impact Assessment
This circular directly affects holders of PURETROP FRUITS LTD shares who may wish to tender shares in the takeover offer, as well as trading members and custodians facilitating the transaction. The offer price of Rs. 200.00 per share may represent a premium over market price, making it relevant for existing shareholders to evaluate. Trading members must ensure operational readiness on the iBBS and RTRMS platforms. The offer is open across multiple investor categories including FII, FI, MF, Insurance Companies, Other QIBs, NIBs, Companies, and Individuals.
Impact Justification
Affects holders and trading members dealing in PURETROP FRUITS LTD shares; time-bound takeover window with specific operational requirements for members and custodians.