Description
BSE announces the Offer to Buy (OTB) acquisition window schedule for JAUSS POLYMERS LTD, open from 22nd April 2026 to 6th May 2026 at Rs. 16.05 per share for up to 12,02,650 equity shares.
Summary
BSE has issued a notice (No. 20260420-12) detailing the live activities schedule for the Offer to Buy (OTB) – Acquisition Window (Takeover) for JAUSS POLYMERS LTD (Symbol: JAUSPOL, Scrip Code: 526001). The offer window runs from Wednesday, 22nd April 2026 to Wednesday, 6th May 2026, with bidding sessions conducted on the iBBS platform.
Key Points
- Offer size: Up to 12,02,650 equity shares of JAUSS POLYMERS LTD
- Offer price: Rs. 16.05 per share
- Face value: Rs. 10.00; Market lot: 1 share
- ISIN: INE593O01017; Scrip Code: 526001
- Bid offering period: 22nd April 2026 to 6th May 2026 (9:15 a.m. – 3:30 p.m.)
- Give-up (last day): 5th May 2026 (9:15 a.m. – 3:30 p.m.)
- Take-up (last day): 6th May 2026 (9:15 a.m. – 4:00 p.m.)
- Trading members must ensure investor UCC is registered with correct PAN and category
- Bidding is available only for shares held in demat form
- No End of Issue files will be generated on extranet if no securities are accepted
Regulatory Changes
No new regulatory changes introduced. This notice operationalizes an existing takeover offer under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations framework using BSE’s OTB acquisition window mechanism.
Compliance Requirements
- Trading Members must verify and update investor UCC with correct PAN Number and Category in the Exchange UCC database before placing bids
- Members and Custodians must access the iBBS platform (internet: https://ibbs.bseindia.com/ or leased line: https://ibbsll.bseindia.com/) for bid submission
- RTRMS accessible at https://rtrms.bseindia.com/ (internet) or https://rtrmsll.bseindia.com/ (leased line)
- Extranet for files accessible at https://member.bseindia.com/ (internet) or https://memberll.bseindia.com/ (leased line)
- Members should refer to Exchange Notices 20150930-1 (dated 30 Sep 2015) and 20170203-29 (dated 3 Feb 2017) for operational instructions
- For leased line URL settings, refer to Exchange Circular No. 20170503-12
Important Dates
| Event | Date | Timings |
|---|---|---|
| Bid Offering Opens | Wednesday, 22nd April 2026 | 9:15 a.m. – 3:30 p.m. |
| Bid Offering Closes | Wednesday, 6th May 2026 | 9:15 a.m. – 3:30 p.m. |
| Give-up (last day) | Tuesday, 5th May 2026 | 9:15 a.m. – 3:30 p.m. |
| Take-up (last day) | Wednesday, 6th May 2026 | 9:15 a.m. – 4:00 p.m. |
Impact Assessment
This circular is operationally relevant to trading members and custodians facilitating bids on behalf of investors in the JAUSS POLYMERS LTD takeover. The offer at Rs. 16.05 per share covers up to 12,02,650 equity shares. Eligible bidding categories include FIIs, Financial Institutions, Mutual Funds, Insurance Companies, other QIBs, NIBs, companies, and individuals. Market-wide impact is limited; primary concern is ensuring member readiness on the iBBS/RTRMS platforms and UCC compliance before the offer opens on 22nd April 2026.
Impact Justification
Operational notice for trading members about a specific takeover OTB window for JAUSS POLYMERS LTD; relevant primarily to members and custodians facilitating client bids, with limited broad market impact.