Orient Cement Takeover Offer Begins, Investors Can Bid Till June 9
Orient Cement’s takeover offer on BSE opened on May 22, 2025, and will close on June 9. Investors can bid shares at Rs. 395.40 through the OTB platform during market hours.
Orient Cement’s takeover offer on BSE opened on May 22, 2025, and will close on June 9. |
Mumbai: The Bombay Stock Exchange (BSE) has released a notice about the takeover offer for Orient Cement Limited. This offer is being carried out through the Acquisition Window under Offer to Buy (OTB). The bidding process started on Tuesday, May 22, 2025, and will end on Monday, June 9, 2025.
The takeover offer is for up to 5,34,19,567 equity shares of Orient Cement. Each share is priced at Rs. 395.40, and the face value is Rs. 1.00. The shares must be in demat form to take part in this offer.
The live bidding session will run from May 27 to June 9, between 9:15 a.m. and 3:30 p.m. The final take-up window will stay open until 4:00 p.m. on the last day. Investors like FIIs, FIs, Mutual Funds, Insurance companies, QIBs, companies, and individuals can all participate.
To access the OTB system, users can log in via:
- https://ibbs.bseindia.com/ (for iBBS platform)
- https://rtrms.bseindia.com/ (for RTRMS)
- https://member.bseindia.com/ (for Extranet)
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Members and custodians should make sure investor details like PAN and category are correctly updated. No end-of-issue files will be generated if no shares are accepted.
For help with login IDs or passwords, users can contact BSE Trading Operations at 022-22728005 or email user.trdops@bseindia.com.
This is an important opportunity for investors who want to sell shares in Orient Cement during this takeover process.
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