Description
Settlement calendar for takeover offer of V. R. WOODART LIMITED scheduled from August 18 to September 1, 2025.
Summary
BSE has announced the settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for V. R. WOODART LIMITED. The takeover process will run from August 18, 2025 to September 1, 2025, with settlement completion on September 9, 2025.
Key Points
- Takeover bidding window: August 18 - September 1, 2025
- Settlement number: 2025070
- Obligation download date: September 8, 2025
- Final settlement date: September 9, 2025
- Demat shares must be delivered through Early Pay-in mechanism only
- Both CDSL and NSDL depositories supported
Regulatory Changes
No new regulatory changes introduced. Process 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.2025070 in depository system
- Early pay-in of securities must be completed sufficiently in advance of BSE OTB platform deadlines
- Securities will be automatically earmarked/blocked in client accounts
- No EPN file upload required
- Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Important Dates
- August 18, 2025: Bid start date
- September 1, 2025: Bid end date
- September 8, 2025: Obligation download date
- September 9, 2025: Settlement date
Impact Assessment
This takeover affects V. R. WOODART LIMITED shareholders who may participate in the acquisition window. Market participants including members, custodians, and depositories need to ensure compliance with early pay-in requirements and settlement procedures. The process provides an organized mechanism for share acquisition with clear timelines and settlement procedures.
Impact Justification
Company-specific takeover process with defined settlement schedule affecting shareholders and market participants