Description
Updated settlement dates for the takeover acquisition window of SML ISUZU LIMITED extending obligation download and settlement dates.
Summary
BSE has revised the settlement schedule for the takeover offer of SML ISUZU LIMITED. The bid period ran from August 8, 2025 to August 22, 2025, with updated obligation download date moved to August 28, 2025 and settlement date to August 29, 2025.
Key Points
- Settlement No: 2025069 for SML ISUZU LIMITED takeover
- Bid period: August 8, 2025 to August 22, 2025
- Demat shares must be delivered through Early Pay-in mechanism
- Market Type designation “Takeover” required in depository systems
- Members must refer to client-wise stamp duty charges file
Regulatory Changes
No new regulatory changes introduced. This circular provides revised timeline for existing takeover settlement process.
Compliance Requirements
- Members/Custodians must use settlement number 2025069 in depository systems
- Use Market Type “Takeover” designation
- Deliver demat shares only through Early Pay-in mechanism
- Refer to MBRSTD_OTB_CM_mmm_SettNo file for stamp duty charges
- Follow revised guidelines for share acquisition through stock exchange
Important Dates
- Bid Period: August 8, 2025 to August 22, 2025
- Revised Obligation Download: August 28, 2025
- Revised Settlement Date: August 29, 2025
Impact Assessment
Medium impact on participants in the SML ISUZU takeover process. The revision provides additional time for settlement obligations and affects clearing and settlement operations for this specific acquisition window.
Impact Justification
Affects settlement timeline for ongoing takeover process of a listed company