Description
Settlement calendar for takeover offer of Kolte-Patil Developers Ltd from August 22 to September 8, 2025.
Summary
BSE has announced the settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for KOLTE-PATIL DEVELOPERS LTD. The takeover process will run from August 22, 2025 to September 8, 2025, with settlement number 2025073.
Key Points
- Takeover settlement number: 2025073
- Bid period: August 22, 2025 to September 8, 2025
- Obligation download date: September 19, 2025
- Settlement date: September 22, 2025
- Demat shares must be delivered through Early Pay-in mechanism only
- Both CDSL and NSDL depositories support this process
Regulatory Changes
No new regulatory changes. Process follows existing Revised Guidelines of Mechanism 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
- 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 by Members & Custodians
- Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Important Dates
- August 22, 2025: Bid start date
- September 8, 2025: Bid end date
- September 19, 2025: Obligation download date
- September 22, 2025: Settlement date
Impact Assessment
Medium impact limited to KOLTE-PATIL DEVELOPERS LTD shareholders and market participants involved in the takeover process. Standard settlement procedures apply with specific timeline requirements for early pay-in mechanisms.
Impact Justification
Specific takeover settlement schedule affecting one company with defined timeline and procedures