Description
Settlement calendar for takeover acquisition window of SER Industries Limited from August 20 to September 3, 2025.
Summary
BSE has announced the settlement schedule for the takeover offer of SER Industries Limited through the acquisition window mechanism. The offer period runs from August 20, 2025, to September 3, 2025, with settlement number 2025072.
Key Points
- Takeover offer period: August 20, 2025 to September 3, 2025
- Settlement number: 2025072
- Obligation download date: September 10, 2025
- Settlement date: September 11, 2025
- Demat shares must be delivered through Early Pay-in mechanism only
- Market type designation: “(Takeover)” with settlement number 2025072
Regulatory Changes
No new regulatory changes introduced. Process follows existing revised 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 must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Important Dates
- Bid Start Date: August 20, 2025
- Bid End Date: September 3, 2025
- Obligation Download: September 10, 2025
- Settlement Date: September 11, 2025
Impact Assessment
Medium impact limited to SER Industries Limited shareholders and trading members participating in the takeover offer. Requires adherence to specific settlement procedures and early pay-in mechanisms during the offer period.
Impact Justification
Company-specific takeover settlement with defined timelines affecting trading operations