Description
Settlement calendar for takeover offer of RAMCHANDRA LEASING AND FINANCE LIMITED from 04/09/2025 to 18/09/2025 with settlement number 2025080.
Summary
BSE announces settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for RAMCHANDRA LEASING AND FINANCE LIMITED. The takeover bidding period runs from September 4, 2025, to September 18, 2025, with settlement number 2025080.
Key Points
- Takeover settlement number: 2025080
- Bid period: September 4, 2025 to September 18, 2025
- Obligation download date: October 1, 2025
- Settlement date: October 3, 2025
- Demat shares must be delivered through Early Pay-in mechanism only
- Market Type “(Takeover)” to be used in depository systems
Regulatory Changes
No new regulatory changes. 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.2025080 in depository system
- Early pay-in of securities must be completed sufficiently in advance before BSE OTB bidding window closure
- CDSL & NSDL early pay-in securities will be automatically earmarked/blocked in client accounts
- No EPN file upload required for members and custodians
- Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Important Dates
- Bid Start Date: September 4, 2025
- Bid End Date: September 18, 2025
- Obligation Download: October 1, 2025
- Settlement Date: October 3, 2025
Impact Assessment
High operational impact for members and custodians handling RAMCHANDRA LEASING AND FINANCE LIMITED shares. Requires specific settlement procedures and early pay-in compliance. Limited market-wide impact as it affects only shareholders of the target company. Critical for successful completion of the takeover process.
Impact Justification
High importance due to takeover event with specific settlement requirements; medium impact limited to specific company shareholders