Description

BSE announces settlement calendar for V.R. WOODART LIMITED takeover offer to buy through acquisition window 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 window will run from August 18, 2025 to September 1, 2025, with settlement number 2025070 and final settlement on September 9, 2025.

Key Points

  • Takeover bidding period: August 18, 2025 to 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
  • Market type “Takeover” designation required for depository transactions

Regulatory Changes

No new regulatory changes introduced. Process follows existing revised guidelines for share acquisition through stock exchange mechanism 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 before BSE OTB bidding window closure
  • Securities will be automatically earmarked/blocked in client accounts with requisite market type and settlement number
  • No EPN file upload required for CDSL & NSDL early pay-in securities
  • 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 offer affects V.R. WOODART LIMITED shareholders and market participants involved in the acquisition process. The structured settlement schedule ensures orderly processing of the takeover transaction with clear timelines for all stakeholders. Impact is limited to this specific company and participating members/custodians.

Impact Justification

Company-specific takeover settlement schedule with clear timelines for market participants