Description

BSE announces settlement calendar 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 and settlement date of September 25, 2025.

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
  • Market type designation: “(Takeover)” with settlement number 2025077

Regulatory Changes

No new regulatory changes introduced. This circular implements existing guidelines for acquisition of shares through stock exchange mechanism as per Notice No.20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members/Custodians must use Early Pay-in of Shares mechanism available in both depositories
  • Must specify Market Type “(Takeover)” and settlement No.2025077 in depository system
  • Securities must be earmarked/blocked in clients’ accounts with requisite market type and settlement number
  • No EPN file upload required by Members & Custodians
  • Early pay-in must be completed sufficiently in advance of BSE OTB bidding window closure
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Important Dates

  • August 28, 2025: Bid start date
  • September 11, 2025: Bid end date
  • September 24, 2025: Obligation download date
  • September 25, 2025: Settlement date

Impact Assessment

This takeover process will impact ADDI Industries Limited shareholders who wish to participate in the acquisition offer. The structured timeline provides clarity for market participants, custodians, and clearing members. Early pay-in requirements ensure proper settlement mechanics and reduce settlement risk. Impact is company-specific and limited to the takeover period.

Impact Justification

Important for ADDI Industries shareholders and participants in the takeover process, but limited to specific company and timeframe