Description

Settlement calendar for TANLA PLATFORMS LIMITED buyback offer through acquisition window from July 29 to August 4, 2025.

Summary

BSE has announced the settlement schedule for TANLA PLATFORMS LIMITED’s buyback offer through acquisition window. The bidding period runs from July 29 to August 4, 2025, with settlement completion by August 11, 2025.

Key Points

  • Settlement No: 2025064
  • Bid Period: July 29, 2025 to August 4, 2025
  • Obligation Download: August 8, 2025
  • Settlement Date: August 11, 2025
  • Demat shares must be delivered through Early Pay-in mechanism
  • Market Type “Buyback” and settlement number must be specified in depository systems

Regulatory Changes

No new regulatory changes. Process follows existing guidelines per Notice No.20200528-32 dated May 28, 2020 regarding acquisition of shares through Stock Exchange.

Compliance Requirements

  • Members/Custodians must use Early Pay-in of Shares mechanism available in both depositories
  • Must specify Market Type “Buyback” and settlement No. 2025064 in depository system
  • Securities must be earmarked/blocked in clients’ accounts with requisite market type and settlement number
  • No EPN file upload required
  • Early pay-in must be completed sufficiently in advance of BSE OTB bidding window closure

Important Dates

  • July 29, 2025: Bid start date
  • August 4, 2025: Bid end date
  • August 8, 2025: Obligation download
  • August 11, 2025: Settlement completion

Impact Assessment

Medium impact limited to TANLA shareholders and trading members participating in the buyback. Settlement procedures are standard but require specific compliance with early pay-in mechanisms and proper market type designation.

Impact Justification

Specific to TANLA shareholders participating in buyback with defined settlement procedures