Description
BSE announces revised settlement dates for the offer to buy acquisition window (takeover) for SML ISUZU LIMITED conducted from August 8-22, 2025.
Summary
BSE has revised the settlement schedule for the takeover acquisition window of SML ISUZU LIMITED. The takeover period ran from August 8-22, 2025, with revised obligation download date of August 28, 2025 and settlement date of August 29, 2025.
Key Points
- Settlement Type: Takeover (Settlement No. 2025069)
- Bid Period: August 8, 2025 to August 22, 2025
- Revised Obligation Download: August 28, 2025
- Revised Settlement Date: August 29, 2025
- Demat shares must be delivered through Early Pay-in mechanism only
Regulatory Changes
No new regulatory changes introduced - this is a schedule revision for an existing takeover process.
Compliance Requirements
- Members/Custodians must use Market Type “Takeover” and Settlement No. 2025069 in depository systems
- Demat shares delivery only through Early Pay-in of Shares mechanism available in both depositories
- Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
- Follow revised guidelines for share acquisition mechanism through stock exchange
Important Dates
- August 28, 2025: Revised Obligation Download Date
- August 29, 2025: Revised Settlement Date
- Original takeover period: August 8-22, 2025
Impact Assessment
Medium impact on takeover participants who need to adjust their settlement timelines. Administrative change that affects delivery obligations and payment schedules for the SML ISUZU takeover process. Members and custodians should update their systems and processes accordingly.
Impact Justification
Settlement schedule revision affects takeover participants but is administrative in nature