Description
Settlement calendar and procedures for takeover offer of Euro Asia Exports Limited scheduled from August 4-18, 2025.
Summary
BSE announces settlement schedule and procedures for the Offer to Buy – Acquisition Window (Takeover) for Euro Asia Exports Limited. The takeover bidding will be conducted from August 4-18, 2025, with settlement on August 25, 2025.
Key Points
- Settlement Type: Takeover (Settlement No. 2025068)
- Bid Period: August 4-18, 2025
- Obligation Download: August 22, 2025
- Settlement Date: August 25, 2025
- Demat shares must be delivered through Early Pay-in mechanism only
- Market Type “Takeover” and settlement number 2025068 to be used in depository systems
Regulatory Changes
No new regulatory changes. Procedures follow existing guidelines per Notice No. 20200528-32 dated May 28, 2020, regarding revised mechanism for 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 “Takeover” and settlement No. 2025068 in depository system
- Complete early pay-in process sufficiently in advance before BSE OTB bidding window closure
- Securities will be earmarked/blocked in clients’ accounts automatically
- No EPN file upload required
- Members to refer MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Important Dates
- August 4, 2025: Bid start date
- August 18, 2025: Bid end date
- August 22, 2025: Obligation download date
- August 25, 2025: Settlement date
Impact Assessment
Medium impact limited to Euro Asia Exports Limited shareholders and participating members. Standard takeover procedures with established settlement mechanisms. Members must ensure proper coordination with depositories for early pay-in to avoid bid rejection.
Impact Justification
Company-specific takeover with defined procedures affecting shareholders and market participants