Description
BSE announces settlement calendar for takeover acquisition window of Jupiter Infomedia Limited from August 19 to September 2, 2025.
Summary
BSE has announced the settlement calendar for the Offer to Buy (Acquisition Window) takeover of Jupiter Infomedia Limited. The bidding window will be open from August 19, 2025 to September 2, 2025, with settlement number 2025071 and final settlement date of September 10, 2025.
Key Points
- Takeover settlement number: 2025071
- Bid period: August 19, 2025 to September 2, 2025
- Obligation download date: September 9, 2025
- Final settlement date: September 10, 2025
- Demat shares must be delivered through Early Pay-in mechanism
- Market type designation: “Takeover” to be used in depository systems
Regulatory Changes
No new regulatory changes introduced. Process follows existing revised guidelines for share acquisition through stock exchange as per Notice No.20200528-32 dated May 28, 2020.
Compliance Requirements
- Members/Custodians must use market type “Takeover” and settlement number 2025071 in depository systems
- 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 with requisite market type
- No EPN file upload required by members and custodians
- Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Important Dates
- August 19, 2025: Bid start date
- September 2, 2025: Bid end date
- September 9, 2025: Obligation download date
- September 10, 2025: Settlement date
Impact Assessment
This is a routine takeover settlement process affecting Jupiter Infomedia Limited shareholders and trading members. The 15-day bidding window provides adequate time for participation. Members must ensure compliance with early pay-in requirements to avoid settlement issues. Contact ICCL Help Desk (022-69158590/45720490/45720690) for clarifications.
Impact Justification
Standard takeover settlement procedure with specific timeline requirements for participants