Description
Settlement calendar for acquisition window takeover of Kolte-Patil Developers from August 22 to September 8, 2025.
Summary
BSE has announced the settlement schedule for the takeover offer of Kolte-Patil Developers Limited. The acquisition window will be conducted from August 22, 2025 to September 8, 2025, with settlement number 2025073.
Key Points
- Takeover bid period: August 22, 2025 to September 8, 2025
- Settlement number: 2025073
- Obligation download: September 19, 2025
- Settlement date: September 22, 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. Process 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 number 2025073 in depository systems
- Early pay-in of securities must be completed sufficiently in advance before BSE OTB bidding window closure
- Securities will be automatically earmarked/blocked in client accounts
- No EPN file upload required
- 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
- September 22, 2025: Settlement date
Impact Assessment
Medium impact on shareholders and market participants of Kolte-Patil Developers Limited. Standard takeover procedure with specific settlement requirements affecting trading and custody operations during the specified period.
Impact Justification
Standard takeover settlement procedure affecting specific stock with clear timeline requirements