Description
BSE settlement calendar for V. R. Woodart Limited takeover offer to be conducted from August 18 to September 1, 2025.
Summary
BSE has announced the settlement schedule for the takeover offer of V. R. Woodart Limited through the Acquisition Window mechanism. The offer will be conducted from August 18 to September 1, 2025, with settlement scheduled for September 9, 2025.
Key Points
- Settlement Type: Takeover (Settlement No. 2025070)
- Bid Period: August 18, 2025 to September 1, 2025
- Obligation Download: September 8, 2025
- Settlement Date: September 9, 2025
- Demat shares must be delivered through Early Pay-in mechanism
- Market Type “(Takeover)” and settlement No. 2025069 to be used in depository system
Regulatory Changes
No new regulatory changes. The circular follows existing guidelines for acquisition of shares through Stock Exchange as per Notice No. 20200528-32 dated May 28, 2020.
Compliance Requirements
- Members/Custodians must use Early Pay-in of Shares mechanism for demat share delivery
- Securities must be earmarked/blocked in clients’ accounts with requisite market type and settlement number
- Early pay-in must be completed sufficiently in advance before BSE OTB bidding window closure
- No EPN file upload required for CDSL & NSDL early pay-in securities
- Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Important Dates
- Bid Start Date: August 18, 2025
- Bid End Date: September 1, 2025
- Obligation Download: September 8, 2025
- Settlement Date: September 9, 2025
Impact Assessment
This takeover offer provides a structured mechanism for acquisition of V. R. Woodart Limited shares through the stock exchange. The 15-day bidding window allows sufficient time for participation, while the early pay-in mechanism ensures settlement efficiency. Impact is limited to shareholders and market participants interested in this specific company.
Impact Justification
Company-specific takeover settlement schedule with clear timelines for market participants