Description
Settlement calendar for WINDOW GLASS LIMITED takeover offer through acquisition window from July 31 to August 13, 2025.
Summary
BSE has announced the settlement schedule for the Offer to Buy through Acquisition Window (Takeover) for WINDOW GLASS LIMITED. The takeover process will run from July 31, 2025, to August 13, 2025, with settlement completion by August 29, 2025.
Key Points
- Settlement Type: Takeover (Settlement No. 2025066)
- Bid Period: July 31, 2025 to August 13, 2025
- Obligation Download: August 28, 2025
- Settlement Date: August 29, 2025
- Demat shares must be delivered through Early Pay-in mechanism only
- Market Type “(Takeover)” and settlement No. 2025066 to be used in depository systems
Regulatory Changes
No new regulatory changes introduced. Process follows existing Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange as per Notice No. 20200528-32 dated May 28, 2020.
Compliance Requirements
- Members/Custodians must use Early Pay-in of Shares mechanism for demat share delivery
- Securities must be earmarked/blocked in clients’ accounts with requisite market type and settlement number
- Early pay-in must be completed before BSE OTB platform bidding and confirmation windows close
- No EPN file upload required for CDSL & NSDL early pay-in securities
- Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Important Dates
- July 31, 2025: Bid start date
- August 13, 2025: Bid end date
- August 28, 2025: Obligation download date
- August 29, 2025: Final settlement date
Impact Assessment
Medium impact on WINDOW GLASS LIMITED shareholders and trading members participating in the takeover. The 14-day acquisition window provides sufficient time for bid participation. Early pay-in requirements ensure smooth settlement process but require advance planning by members and custodians.
Impact Justification
Specific takeover settlement schedule affecting WINDOW GLASS LIMITED shareholders and trading members