BSE · Corporate Action · Low
BSE sets schedule for Rikhav Securities takeover offer at ₹47.75/share
Offer opens July 24, closes Aug 6; up to 99,55,920 shares at ₹47.75 via iBBS platform.
What changed
- BSE notified the schedule for the acquisition window takeover of Rikhav Securities.
- Offer size: up to 99,55,920 equity shares at ₹47.75 per share, market lot 1600.
- Bidding runs July 24 to Aug 6, 2026, with give-up/take-up windows.
The read
BSE has laid out the timeline for Rikhav Securities’ takeover offer. The acquirer will buy up to 99,55,920 shares at ₹47.75 apiece. The window runs July 24 to August 6, with bidding only through the iBBS platform. For shareholders, this is a clean take-out at a fixed price; for members, it's a standard operational drill under the existing takeover framework. No regulatory surprises—just execution logistics.
Rikhav Securities Limited₹47.75 per share99,55,920 shares
Primary source: official circular (PDF)