Description
Settlement calendar for takeover offer of SER Industries Limited from August 20 to September 3, 2025.
Summary
BSE has announced the settlement calendar for the takeover offer of SER Industries Limited, scheduled from August 20 to September 3, 2025, with settlement number 2025072.
Key Points
- Takeover settlement number: 2025072
- Bid period: August 20, 2025 to September 3, 2025
- Obligation download date: September 10, 2025
- Final settlement date: September 11, 2025
- Demat shares must be delivered through Early Pay-in mechanism
- Market type designation: “(Takeover)” with settlement number 2025072
Regulatory Changes
No new regulatory changes. Process follows revised guidelines per Notice No.20200528-32 dated May 28, 2020.
Compliance Requirements
- Members/Custodians must use Early Pay-in of Shares mechanism available in both depositories
- Securities must be 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
- Early pay-in must be completed sufficiently in advance before BSE OTB bidding window closure
Important Dates
- August 20, 2025: Bid start date
- September 3, 2025: Bid end date
- September 10, 2025: Obligation download date
- September 11, 2025: Settlement date
Impact Assessment
Medium impact limited to SER Industries Limited shareholders and trading members involved in the takeover process. Standard settlement procedures apply with specific timelines for early pay-in requirements.
Impact Justification
Standard takeover settlement procedure affecting specific stock with clear timelines