Description
Settlement calendar for offer to buy acquisition window (takeover) of Kolte-Patil Developers Ltd from August 22 to September 8, 2025.
Summary
BSE has announced the settlement calendar for the offer to buy acquisition window (takeover) of Kolte-Patil Developers Ltd, scheduled from August 22 to September 8, 2025. Settlement number 2025073 will be used with obligation download on September 19 and final settlement on September 22, 2025.
Key Points
- Takeover bid period: August 22 - September 8, 2025
- Settlement number: 2025073
- Obligation download: September 19, 2025
- Settlement date: September 22, 2025
- Demat shares delivery only through Early Pay-in mechanism
- Market type “Takeover” to be specified in depository systems
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 Market Type “Takeover” and settlement No. 2025073 in depository systems
- Complete early pay-in process sufficiently in advance before BSE OTB platform timelines
- Securities will be automatically earmarked/blocked in client accounts
- No EPN file upload required
- Refer to MBRSTD_OTB_CM_mmm_SettNo file for stamp duty charges
Important Dates
- Bid start date: August 22, 2025
- Bid end date: September 8, 2025
- Obligation download: September 19, 2025
- Final settlement: September 22, 2025
Impact Assessment
Limited impact specific to Kolte-Patil Developers Ltd stakeholders and participating members. Operational impact on clearing and settlement processes during the specified period. Standard takeover settlement procedures apply with established early pay-in mechanisms.
Impact Justification
Specific to takeover settlement schedule affecting one company with defined operational procedures