Description
BSE announces the live activities schedule for the Offer to Buy (OTB) Acquisition Window for delisting of INDUSS FOOD PRODUCTS & EQUIPMENTS LIMITED (IFPEL), open from 6th May 2026 to 12th May 2026 at an offer price of Rs. 533.76 per share.
Summary
BSE has announced the live activities schedule for the Offer to Buy (OTB) Acquisition Window for the delisting of INDUSS FOOD PRODUCTS & EQUIPMENTS LIMITED (Symbol: IFPEL, Scrip Code: 999945, ISIN: INE00Y301017). The offer window is open from 6th May 2026 to 12th May 2026 at an offer price of Rs. 533.76 per share, covering up to 2,26,250 equity shares.
Key Points
- Security: INDUSS FOOD PRODUCTS & EQUIPMENTS LIMITED (IFPEL), Scrip Code 999945, ISIN INE00Y301017
- Offer Price: Rs. 533.76 per share (Face Value: Rs. 10.00)
- Offer Size: Up to 2,26,250 equity shares
- Market Lot: 1
- Bid Offering Period: 06th May 2026 to 12th May 2026 (9:15 a.m. – 3:30 p.m.)
- Modification Period: 06th May 2026 to 11th May 2026 (9:15 a.m. – 3:30 p.m.)
- Cancellation Period: 06th May 2026 to 11th May 2026 (9:15 a.m. – 3:30 p.m.)
- Give-up/Take-up (last day): 12th May 2026 (9:15 a.m. – 4:00 p.m.)
- OTB platform accessible via iBBS at https://ibbs.bseindia.com/
Regulatory Changes
No new regulatory changes introduced. This notice operates under the framework established by Exchange Notices 20150930-1 (30 Sept 2015) and 20170203-29 (3 Feb 2017) governing OTB operational instructions, and Circular No. 20170503-12 for Leased Line URL access settings.
Compliance Requirements
- Trading Members must ensure the Investor’s UCC is registered and/or updated with the correct PAN Number and Category in the Exchange UCC database.
- Trading Members can only bid for investors holding shares in demat form.
- Members and Custodians are advised that if no securities are accepted, no End of Issue files will be generated on the Extranet.
- Extranet files for bid acceptance will be available only after confirmation of acceptance is received from the Merchant Banker/RTA post issue closure.
- Eligible investor categories for bidding: FII, FI (Financial Institution), MF (Mutual Fund), IC (Insurance Companies), OTH (Other QIBs), NOH (Other NIB), CO (Company), IND (Individual).
Important Dates
| Event | Date | Timings |
|---|---|---|
| Bid Offering Opens | 06th May 2026 | 9:15 a.m. |
| Bid Offering Closes | 12th May 2026 | 3:30 p.m. |
| Modification/Cancellation Window | 06th – 11th May 2026 | 9:15 a.m. – 3:30 p.m. |
| Give-up / Take-up (Last Day) | 12th May 2026 | 9:15 a.m. – 4:00 p.m. |
Impact Assessment
This delisting acquisition window directly impacts existing shareholders of INDUSS FOOD PRODUCTS & EQUIPMENTS LIMITED (IFPEL). Shareholders wishing to tender their shares must act within the narrow window of 6th–12th May 2026. The offer price of Rs. 533.76 provides a concrete exit price for investors. Trading members and custodians must ensure systems, UCC records, and iBBS/RTRMS platform access are in order before the opening date. Given the offer window begins on the same day as this notice (06 May 2026), immediate action is required by trading members.
Impact Justification
This circular directly concerns the delisting of INDUSS FOOD PRODUCTS & EQUIPMENTS LIMITED via an OTB acquisition window, affecting all shareholders and trading members dealing in IFPEL shares. Actionable bid window opens immediately (06 May 2026) with a firm offer price and tight deadline.