Description

Settlement calendar for takeover offer of SML ISUZU LIMITED from August 8-22, 2025 with early pay-in requirements.

Summary

BSE has announced the settlement schedule for the Offer to Buy - Acquisition Window (Takeover) for SML ISUZU LIMITED. The takeover bidding window will operate from August 8-22, 2025, with settlement number 2025069. Demat shares must be delivered through Early Pay-in mechanism with specific requirements for members and custodians.

Key Points

  • Takeover bidding period: August 8-22, 2025
  • Settlement number: 2025069
  • Obligation download date: September 8, 2025
  • Settlement date: September 9, 2025
  • Mandatory use of Early Pay-in of Shares mechanism for demat deliveries
  • Market type “Takeover” must be specified in depository systems
  • No EPN file upload required for CDSL & NSDL early pay-in securities

Regulatory Changes

Participants must follow revised guidelines for acquisition of shares through Stock Exchange as per Notice No.20200528-32 dated May 28, 2020. Securities will be automatically earmarked/blocked in client accounts under requisite market type and settlement number.

Compliance Requirements

  • Members/Custodians must complete early pay-in process sufficiently in advance of BSE OTB platform deadlines
  • Effect of early pay-in must be reflected in BSE/ICCL systems before bid acceptance/confirmation timelines
  • Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
  • Use specific market type “Takeover” and settlement number 2025069 in depository systems

Important Dates

  • August 8, 2025: Bid start date
  • August 22, 2025: Bid end date
  • September 8, 2025: Obligation download date
  • September 9, 2025: Settlement date

Impact Assessment

This takeover offer creates specific operational requirements for market participants handling SML ISUZU LIMITED shares. The mandatory early pay-in mechanism and strict timeline adherence requirements may impact trading workflows. Shareholders participating in the takeover must ensure proper coordination with their brokers/custodians to meet settlement obligations.

Impact Justification

Critical settlement timeline for takeover with specific procedural requirements affecting shareholders and market participants