Description
Settlement calendar and guidelines for NACL Industries Limited takeover offer scheduled from August 22 to September 8, 2025.
Summary
BSE has announced the settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for NACL INDUSTRIES LIMITED. The takeover bidding will be conducted from August 22, 2025, to September 8, 2025, with settlement number 2025074.
Key Points
- Takeover settlement number: 2025074
- 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
- Market type “(Takeover)” to be used in depository systems
Regulatory Changes
No new regulatory changes introduced. Process follows existing guidelines from Notice No.20200528-32 dated May 28, 2020, regarding Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange.
Compliance Requirements
- Members/Custodians must use Market Type “(Takeover)” and settlement No.2025074 in depository system
- Early pay-in of securities must be completed sufficiently in advance before BSE OTB bidding window closure
- CDSL & NSDL early pay-in securities will be earmarked/blocked in clients’ accounts
- No EPN file upload required for members
- Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Important Dates
- Bid Start Date: August 22, 2025
- Bid End Date: September 8, 2025
- Obligation Download: September 19, 2025
- Settlement Date: September 22, 2025
Impact Assessment
Medium impact on NACL Industries shareholders and trading members participating in the takeover process. The 18-day bidding window provides adequate time for participation. Standard settlement procedures apply with emphasis on early pay-in requirements to ensure smooth processing.
Impact Justification
Standard takeover settlement process with specific timelines affecting NACL shareholders and market participants