Description

Settlement calendar for NACL Industries takeover offer from 22/08/2025 to 08/09/2025 with settlement date 22/09/2025.

Summary

BSE has announced the settlement schedule for the Offer to Buy - Acquisition Window (Takeover) for NACL Industries Limited. The takeover bidding window will run from August 22, 2025, to September 8, 2025, with final settlement on September 22, 2025.

Key Points

  • Settlement Type: Takeover (Settlement No. 2025074)
  • Bid Period: August 22, 2025 to September 8, 2025
  • Obligation Download: September 19, 2025
  • Settlement Date: September 22, 2025
  • Demat shares must be delivered through Early Pay-in mechanism
  • Market Type “(Takeover)” and settlement number required in depository system

Compliance Requirements

  • Members/Custodians must use Early Pay-in of Shares mechanism through depositories
  • Must specify Market Type “(Takeover)” and settlement No. 2025074 in depository system
  • Complete early pay-in process sufficiently in advance of bidding/confirmation deadlines
  • Securities will be earmarked/blocked in client accounts automatically
  • No EPN file upload required
  • Refer to MBRSTD_OTB_CM_mmm_SettNo file for 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: Final settlement date

Impact Assessment

This takeover offer provides an acquisition window for NACL Industries shareholders. The structured settlement process ensures orderly execution of the takeover with clear timelines for all participants. Members and custodians need to follow specific procedures for demat share delivery and early pay-in mechanisms.

Impact Justification

Specific settlement procedures for takeover offer affecting NACL Industries shareholders