Description
Updated settlement calendar for SKYLINE INDIA LIMITED takeover offer with new obligation download and settlement dates.
Summary
BSE has revised the settlement schedule for the takeover offer of SKYLINE INDIA LIMITED. The acquisition window period ran from July 14-25, 2025, with updated obligation download date of July 30, 2025 and revised settlement date of July 31, 2025.
Key Points
- Settlement Number: 2025054
- Bid period: July 14-25, 2025
- Revised obligation download date: July 30, 2025
- Revised settlement date: July 31, 2025
- Demat shares must be delivered through Early Pay-in mechanism
- Market type “Takeover” and settlement number 2025035 to be used in depository systems
Regulatory Changes
No new regulatory changes, but adherence to existing takeover settlement guidelines as per Notice No.20200528-32 dated May 28, 2020.
Compliance Requirements
- Members/Custodians must use Early Pay-in of Shares mechanism for demat delivery
- Must specify Market Type “Takeover” and settlement No. 2025035 in depository systems
- Reference MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
- Follow revised guidelines for share acquisition through stock exchange
Important Dates
- July 30, 2025: Revised obligation download date
- July 31, 2025: Revised settlement date
- Bid period was July 14-25, 2025 (already completed)
Impact Assessment
Limited impact as this affects only participants in SKYLINE INDIA LIMITED takeover process. Members and custodians involved in this specific settlement need to adjust their processing schedules for the revised dates.
Impact Justification
Specific settlement date revision for a single company's takeover process