Description
BSE announces the Offer to Buy (Takeover) acquisition window schedule for Stylam Industries Ltd (STYLAMIND), open from 22nd April 2026 to 6th May 2026 at an offer price of Rs. 2250.00 per share.
Summary
BSE has announced the live activities schedule for the Offer to Buy (OTB) – Acquisition Window under Takeover regulations for Stylam Industries Ltd (Symbol: STYLAMIND, Scrip Code: 526951, ISIN: INE239C01020). The offer window runs from Wednesday, 22nd April 2026 to Wednesday, 6th May 2026 at an offer price of Rs. 2250.00 per share for up to 44,06,496 equity shares.
Key Points
- Security: Stylam Industries Ltd | Symbol: STYLAMIND | Scrip Code: 526951 | ISIN: INE239C01020
- Offer Size: Up to 44,06,496 equity shares (Market Lot: 1, Face Value: Rs. 5.00)
- Offer Price: Rs. 2250.00 per share
- Opening Date: Wednesday, 22nd April 2026
- Closing Date: Wednesday, 6th May 2026
- Bid Offering Period (Live OTB Session): 9:15 a.m. to 3:30 p.m. daily (22nd April – 6th May 2026)
- Give-up (last day): 22nd April – 5th May 2026, 9:15 a.m. to 3:30 p.m.
- Give-up (last day of offer, 6th May 2026): 9:15 a.m. to 3:30 p.m.
- Take-up (last day of offer, 6th May 2026): 9:15 a.m. to 4:00 p.m.
- Bidding categories include FII, FI, MF, IC, OTH, NOH, CO, and IND
- OTB accessible via iBBS platform and RTRMS over Internet and Leased Line
Regulatory Changes
No new regulatory changes are introduced. This notice implements the existing Offer to Buy – Acquisition Window (Takeover) framework as per BSE operational guidelines referenced in Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017).
Compliance Requirements
- Trading Members and Custodian Members must note the schedule and participate through the iBBS/RTRMS platforms.
- Trading Members must ensure UCC (Unique Client Code) of investors is registered and/or updated with the correct PAN Number and Category in the Exchange UCC database.
- Members can only bid for investors holding shares in demat form.
- If no securities are accepted, no End of Issue files will be generated on Extranet.
- Files on the Extranet for bid acceptance will be available only after confirmation from the Merchant Banker/RTA post issue closure.
Important Dates
| Event | Date |
|---|---|
| Offer Opening Date | Wednesday, 22nd April 2026 |
| Offer Closing Date | Wednesday, 6th May 2026 |
| Give-up Period | 22nd April – 5th May 2026 (9:15 a.m. – 3:30 p.m.) |
| Give-up Last Day | 6th 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.) |
Impact Assessment
This takeover offer affects shareholders of Stylam Industries Ltd who may tender their shares during the acquisition window. With an offer size of up to 44,06,496 shares at Rs. 2250 per share, the total offer value is approximately Rs. 991 crore, making this a significant market event. Trading members and custodians must ensure system readiness on iBBS and RTRMS platforms and validate client UCC records prior to the opening date. Investors holding STYLAMIND shares in demat form should evaluate tendering at the offered price.
Impact Justification
This is a live takeover acquisition window notice affecting Stylam Industries Ltd shareholders and trading members, with a significant offer size of up to 44,06,496 equity shares at Rs. 2250 per share, requiring immediate action from trading and custodian members.