Description
Updated settlement calendar for the acquisition window takeover of Skyline India Limited with revised obligation and settlement dates.
Summary
BSE has revised the settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for Skyline India Limited. The takeover period ran from July 14-25, 2025, with updated obligation and settlement dates of July 30-31, 2025 respectively.
Key Points
- Settlement Type: Takeover (Settlement No. 2025054)
- Bid Period: July 14, 2025 to July 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 No. 2025035 to be used in depository systems
Regulatory Changes
No new regulatory changes introduced. This is a revision to previously announced settlement schedule per Notice No. 20250711-40.
Compliance Requirements
- Members/Custodians must use Early Pay-in of Shares mechanism for demat share delivery
- Must specify Market Type “Takeover” and settlement No. 2025035 in depository systems
- Refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
- Follow Revised Guidelines for acquisition of shares through Stock Exchange (Notice No. 20200528-32)
Important Dates
- Bid Period: July 14-25, 2025
- Revised Obligation Download: July 30, 2025
- Revised Settlement Date: July 31, 2025
Impact Assessment
This revision affects settlement timing for the Skyline India Limited takeover offer. Trading members and custodians need to adjust their settlement processes accordingly. The one-day extension in settlement dates provides additional time for obligation processing.
Impact Justification
Settlement schedule revision affects trading participants but is procedural in nature