Description
BSE revises settlement calendar for Healthcare Global Enterprises takeover offer conducted from July 21 to August 1, 2025.
Summary
BSE has revised the settlement schedule for the takeover offer of Healthcare Global Enterprises Limited. The acquisition window was conducted from July 21, 2025 to August 1, 2025, with updated obligation download and settlement dates.
Key Points
- Settlement Type: Takeover (Settlement No. 2025059)
- Bid Period: July 21, 2025 to August 1, 2025
- Revised Obligation Download Date: August 6, 2025
- Revised Settlement Date: August 7, 2025
- Demat shares must be delivered through Early Pay-in mechanism
- Market Type “Takeover” and settlement No. 2025035 to be used in depository system
Regulatory Changes
No new regulatory changes introduced. This is a schedule revision following existing takeover guidelines.
Compliance Requirements
- Members/Custodians must use Market Type “Takeover” and settlement No. 2025035 in depository system
- Demat shares delivery only through Early Pay-in of Shares mechanism available in both depositories
- Members to refer MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
- Follow revised guidelines for share acquisition through stock exchange mechanism
Important Dates
- Bid Period: July 21, 2025 to August 1, 2025
- Revised Obligation Download: August 6, 2025
- Revised Settlement Date: August 7, 2025
Impact Assessment
Limited impact affecting only participants in Healthcare Global Enterprises takeover offer. The revision provides clarity on settlement timeline and ensures proper completion of the acquisition process through established mechanisms.
Impact Justification
Settlement schedule revision affects specific takeover participants but has limited broader market impact