Description
BSE announces settlement schedule for Jupiter Infomedia Limited acquisition window takeover from August 19 to September 2, 2025.
Summary
BSE has announced the settlement schedule for the Offer to Buy - Acquisition Window (Takeover) for Jupiter Infomedia Limited. The bidding window will be open from August 19, 2025, to September 2, 2025, with settlement number 2025071.
Key Points
- Takeover bidding period: August 19, 2025 to September 2, 2025
- Settlement number: 2025071
- Obligation download date: September 9, 2025
- Settlement date: September 10, 2025
- Demat shares must be delivered through Early Pay-in mechanism only
- Market Type “(Takeover)” and settlement No.2025071 to be used in depository system
Regulatory Changes
No new regulatory changes introduced. Refers to existing revised guidelines from Notice No.20200528-32 dated May 28, 2020, regarding acquisition of shares through Stock Exchange.
Compliance Requirements
- Members/Custodians must use Early Pay-in of Shares mechanism available in both depositories
- Must specify Market Type “(Takeover)” and settlement No.2025071 in depository system
- Securities must be earmarked/blocked in clients’ accounts with requisite market type and settlement number
- No EPN file upload required for CDSL & NSDL early pay-in securities
- Early pay-in must be completed sufficiently in advance before BSE OTB bidding window closure
Important Dates
- Bid Start Date: August 19, 2025
- Bid End Date: September 2, 2025
- Obligation Download: September 9, 2025
- Settlement Date: September 10, 2025
Impact Assessment
Medium impact limited to Jupiter Infomedia Limited shareholders and trading members involved in the takeover process. Operational impact on settlement procedures with specific requirements for early pay-in mechanism and depository system compliance.
Impact Justification
Specific to Jupiter Infomedia takeover with defined settlement procedures