Description
BSE announces settlement schedule for acquisition window takeover of ADDI Industries Limited from August 28 to September 11, 2025.
Summary
BSE has announced the settlement schedule for the Offer to Buy - Acquisition Window (Takeover) for ADDI INDUSTRIES LIMITED. The takeover window will be conducted from August 28, 2025, to September 11, 2025, with settlement number 2025077.
Key Points
- Takeover bidding period: August 28, 2025 to September 11, 2025
- Settlement number: 2025077
- Obligation download date: September 24, 2025
- Settlement date: September 25, 2025
- Demat shares must be delivered through Early Pay-in mechanism only
- Available through both depositories (CDSL and NSDL)
Regulatory Changes
No new regulatory changes introduced. The process follows existing Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange as per Notice No.20200528-32 dated May 28, 2020.
Compliance Requirements
- Members/Custodians must use Market Type “(Takeover)” and settlement No.2025077 in depository systems
- Early pay-in of securities must be completed sufficiently in advance of BSE OTB bidding window closure
- Securities will be automatically earmarked/blocked in client accounts
- No EPN file upload required for Members & Custodians
- Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Important Dates
- Bid Start Date: August 28, 2025
- Bid End Date: September 11, 2025
- Obligation Download: September 24, 2025
- Settlement Date: September 25, 2025
Impact Assessment
This takeover affects ADDI Industries Limited shareholders and trading members participating in the acquisition window. The 15-day bidding period provides adequate time for participation. Early pay-in requirements ensure proper settlement mechanics are followed for the corporate action.
Impact Justification
Specific to ADDI Industries takeover with defined settlement procedures affecting shareholders and market participants