Description
Settlement calendar for takeover offer of SER INDUSTRIES LIMITED from August 20, 2025 to September 3, 2025 with settlement on September 11, 2025.
Summary
BSE announces the settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for SER INDUSTRIES LIMITED. The takeover bidding period runs from August 20, 2025 to September 3, 2025, with settlement scheduled for September 11, 2025.
Key Points
- Settlement Type: Takeover (Settlement No. 2025072)
- Bid Period: August 20, 2025 to September 3, 2025
- Obligation Download Date: September 10, 2025
- Settlement Date: September 11, 2025
- Demat shares must be delivered through Early Pay-in mechanism only
- Market Type “(Takeover)” to be used in depository systems
Regulatory Changes
No new regulatory changes introduced. The circular follows existing 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. 2025072 in depository systems
- Early pay-in of securities must be completed sufficiently in advance of BSE OTB bidding window closure
- Securities will be automatically earmarked/blocked in client accounts
- No EPN file upload required for early pay-in
- Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
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
This takeover offer specifically affects SER INDUSTRIES LIMITED shareholders and related market participants. The structured settlement schedule ensures orderly acquisition process with clear timelines for bid submission and settlement. Impact is contained to stakeholders of the specific company undergoing takeover.
Impact Justification
Company-specific takeover settlement schedule with moderate market impact limited to SER INDUSTRIES shareholders