Description

Updated settlement dates for the acquisition window takeover of SML ISUZU LIMITED with revised obligation download and settlement dates.

Summary

BSE has revised the settlement schedule for the Offer to Buy – Acquisition Window (Takeover) of SML ISUZU LIMITED. The takeover window ran from August 8, 2025, to August 22, 2025, with updated obligation download and settlement dates now set for August 28 and 29, 2025, respectively.

Key Points

  • Settlement Type: Takeover (Settlement No. 2025069)
  • Bid Period: August 8, 2025 to August 22, 2025
  • Revised Obligation Download Date: August 28, 2025
  • Revised Settlement Date: August 29, 2025
  • Reference to previous Notice No. 20250807-7

Regulatory Changes

No new regulatory changes introduced - this is a schedule revision for an existing takeover process.

Compliance Requirements

  • Demat shares must be delivered only through Early Pay-in of Shares mechanism available in both depositories
  • Members/Custodians must use Market Type “(Takeover)” and settlement No. 2025069 in depository system
  • Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
  • Follow guidelines from Notice No. 20200528-32 dated May 28, 2020 for share acquisition settlement

Important Dates

  • August 28, 2025: Revised Obligation Download Date
  • August 29, 2025: Revised Settlement Date
  • Completed Period: Bid window (August 8-22, 2025)

Impact Assessment

The revision provides market participants with updated settlement timelines for the SML ISUZU takeover transaction. Impact is localized to participants involved in this specific acquisition, requiring adjustment of settlement processes and timing expectations.

Impact Justification

Revised settlement schedule affects specific takeover transaction timelines for market participants