BSE has announced the live activities schedule for the Offer to Buy (OTB) – Acquisition Window (Takeover) for Shah Foods Ltd (Scrip Code: 519031, Symbol: SHAHFOOD, ISIN: INE455D01012). The offer window is open from Wednesday, 13th May 2026 to Tuesday, 26th May 2026, with an offer price of Rs. 62.50 per share for up to 60,61,900 equity shares.

Key Points

• Security: Shah Foods Ltd | Symbol: SHAHFOOD | ISIN: INE455D01012 | Scrip Code: 519031
• Offer Size: Up to 60,61,900 equity shares
• Offer Price: Rs. 62.50 per share (Face Value: Rs. 10.00)
• Offer Period: 13th May 2026 (Opening) to 26th May 2026 (Closing)
• Bid Offering Session Timings: 9:15 AM to 3:30 PM daily
• Give-up/Take-up (last day except closing): 13th May 2026 to 25th May 2026, 9:15 AM – 3:30 PM
• Give-up (last day of offer – 26th May 2026): 9:15 AM – 3:30 PM
• Take-up (last day of offer – 26th May 2026): 9:15 AM – 4:00 PM
• Bidding is available for investors holding shares in demat form only

Regulatory Changes

No new regulatory changes. This circular provides the operational schedule under the existing OTB Acquisition Window framework as outlined 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 each investor is registered and/or updated with the correct PAN Number and Category in the Exchange UCC database.
• Members and Custodians should note that if no securities are accepted, no End of Issue files will be generated on Extranet.
• New login IDs and password resets for iBBS, RTRMS, and Extranet must be requested through Trading Operations (022-22728005 / user.trdops@bseindia.com).
• Bidding categories supported: FII, FI, MF, IC, OTH (QIBs), NOH (NIB), CO (Company), IND (Individual).

Important Dates

Impact Assessment

This circular is operationally significant for trading members and custodians involved in the Shah Foods Ltd takeover offer. Members must ensure UCC compliance and use the designated iBBS/RTRMS platforms for bid submission. The offer price of Rs. 62.50 against a face value of Rs. 10.00 represents a significant premium. Broader market impact is limited to participants trading in SHAHFOOD (Scrip Code: 519031) during the defined offer window. Extranet files for bid acceptance will only be generated upon confirmation from the Merchant Banker/RTA post-issue closure.