Description
Settlement calendar for SML ISUZU LIMITED takeover offer to buy acquisition window from August 8-22, 2025 with settlement on September 9, 2025.
Summary
BSE has announced the settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for SML ISUZU LIMITED. The takeover process will run from August 8-22, 2025, with settlement date on September 9, 2025. Settlement number 2025069 has been assigned for this takeover.
Key Points
- Takeover bidding window: August 8-22, 2025
- Obligation download date: September 8, 2025
- Settlement date: September 9, 2025
- Settlement number: 2025069
- Early pay-in mechanism required for demat shares
- Market type “Takeover” to be used in depository systems
Regulatory Changes
No regulatory changes specified. This follows existing revised guidelines for share acquisition through stock exchange as per Notice No.20200528-32 dated May 28, 2020.
Compliance Requirements
- Members/Custodians must use Market Type “Takeover” and settlement number 2025069 in depository systems
- Demat shares must be delivered through Early Pay-in mechanism available in both depositories
- Early pay-in must be completed sufficiently before BSE OTB bidding window closure
- Securities will be automatically earmarked/blocked in client accounts
- No EPN file upload required for members and custodians
- Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Important Dates
- Bid Start Date: August 8, 2025
- Bid End Date: August 22, 2025
- Obligation Download: September 8, 2025
- Settlement Date: September 9, 2025
Impact Assessment
Medium impact on SML ISUZU shareholders and trading members participating in the takeover process. Requires coordination between members, custodians, and depositories for proper settlement execution. Early pay-in requirements may affect liquidity planning for participants.
Impact Justification
Specific takeover settlement procedures affecting SML ISUZU shareholders and trading members