Description

Settlement calendar for takeover offer of SML ISUZU LIMITED from 08/08/2025 to 22/08/2025 with settlement details and early pay-in requirements.

Summary

BSE announces settlement schedule for Offer to Buy – Acquisition Window (Takeover) for SML ISUZU LIMITED. The takeover offer will be conducted from 08/08/2025 to 22/08/2025 with settlement number 2025069, obligation download on 08/09/2025, and settlement date on 09/09/2025.

Key Points

  • Settlement Type: Takeover with settlement number 2025069
  • Bid period: 08/08/2025 to 22/08/2025
  • Obligation download: 08/09/2025
  • Settlement date: 09/09/2025
  • Demat shares delivery only through Early Pay-in mechanism
  • Market type “Takeover” to be used in depository systems
  • No EPN file upload required for members and custodians

Regulatory Changes

No new regulatory changes introduced. The circular 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 Market Type “Takeover” and settlement No. 2025069 in depository system
  • Demat shares must be delivered only through Early Pay-in of Shares mechanism available in both depositories
  • Participants must ensure early pay-in effect is reflected in BSE/ICCL systems before prescribed timelines
  • Complete early pay-in process sufficiently in advance before BSE OTB Bidding window closure
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in clients’ accounts
  • Members to refer MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Important Dates

  • Bid Start Date: 08/08/2025
  • Bid End Date: 22/08/2025
  • Obligation Download: 08/09/2025
  • Settlement Date: 09/09/2025

Impact Assessment

High impact on market participants involved in SML ISUZU LIMITED takeover. Strict compliance with early pay-in mechanisms required. Members and custodians must coordinate timing to ensure securities are properly earmarked before bidding window closure. Contact ICCL Help Desk (022-69158590/45720490/45720690) for clarifications.

Impact Justification

High importance due to takeover offer with specific settlement requirements and mandatory compliance procedures for market participants