Description

Settlement calendar for takeover offer of NACL Industries Limited 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 process will be conducted from August 22, 2025, to September 8, 2025, with settlement number 2025074.

Key Points

  • Takeover bidding period: August 22, 2025 to September 8, 2025
  • Settlement number: 2025074
  • 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)” and settlement number must be used in depository systems

Regulatory Changes

No new regulatory changes introduced. This circular follows existing revised guidelines for acquisition of shares through Stock Exchange as referenced in Notice No.20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members/Custodians must use Early Pay-in of Shares mechanism for demat share delivery
  • Must specify Market Type “(Takeover)” and settlement No.2025074 in depository system
  • Early pay-in process must be completed sufficiently in advance before BSE OTB platform timelines
  • CDSL & NSDL securities will be automatically earmarked/blocked in client accounts
  • No EPN file upload required
  • Members should 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

This takeover offer will directly impact NACL Industries Limited shareholders who may participate in the acquisition process. The structured settlement schedule ensures orderly market operations during the takeover period. Members and custodians need to ensure compliance with early pay-in requirements to avoid settlement issues.

Impact Justification

High importance for NACL shareholders and acquirers due to takeover process with specific settlement requirements