Description
Settlement calendar for offer to buy shares of Jupiter Infomedia Limited through acquisition window from August 19 to September 2, 2025.
Summary
BSE has announced the settlement calendar for the offer to buy shares of Jupiter Infomedia Limited through acquisition window (takeover). The bidding period runs from August 19, 2025 to September 2, 2025, with settlement scheduled for September 10, 2025.
Key Points
- Settlement Type: Takeover (Settlement No. 2025071)
- Bid Period: August 19, 2025 to September 2, 2025
- Obligation Download: 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
Compliance Requirements
- Members/Custodians must use Early Pay-in of Shares mechanism available in both depositories
- Early pay-in must be completed sufficiently in advance before BSE OTB bidding window closure
- Securities will be earmarked/blocked in client accounts with requisite market type and settlement number
- No EPN file upload required for members and custodians
- Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
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
This is a routine takeover settlement schedule that affects members and custodians dealing with Jupiter Infomedia Limited shares. The early pay-in requirement ensures proper settlement mechanics for the acquisition offer. Members need to follow specific procedures for depositary interactions and maintain compliance with revised acquisition guidelines.
Impact Justification
Routine takeover settlement schedule with specific operational requirements for members and custodians