Description
Settlement calendar and procedures for takeover offer of NACL Industries Limited from August 22 to September 8, 2025.
Summary
BSE announces settlement schedule for the Offer to Buy - Acquisition Window (Takeover) for NACL Industries Limited, with bidding period from August 22 to September 8, 2025, and settlement on September 22, 2025.
Key Points
- Settlement No: 2025074 for NACL Industries takeover offer
- Bidding window: August 22, 2025 to September 8, 2025
- Obligation download: September 19, 2025
- Final settlement: September 22, 2025
- Demat shares delivery only through Early Pay-in mechanism
- Market type “(Takeover)” to be used in depository system
Regulatory Changes
No new regulatory changes introduced. 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.2025074 in depository system
- Early pay-in of securities must be completed sufficiently in advance before BSE OTB bidding window closure
- CDSL & NSDL securities will be automatically earmarked/blocked in client accounts
- No EPN file upload required for early pay-in
- Members to refer 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 limited to NACL Industries shareholders and participating members. Establishes clear timeline for takeover settlement process. Early pay-in mechanism ensures smooth settlement execution. Contact available through ICCL Help Desk (022-69158590/45720490/45720690) for clarifications.
Impact Justification
High importance due to takeover settlement procedures affecting specific stock; medium impact as limited to NACL shareholders and market participants