Description
BSE extends the bid end date for NACL Industries Limited takeover from September 08 to September 09, 2025, with revised settlement dates.
Summary
BSE has revised the settlement schedule for the Offer to Buy - Acquisition Window (Takeover) of NACL Industries Limited. The bid end date has been extended by one day from September 08, 2025 to September 09, 2025, with corresponding adjustments to settlement dates.
Key Points
- Bid period extended from August 22, 2025 to September 09, 2025 (originally ending September 08)
- Settlement number 2025074 assigned for this takeover
- Obligation download date: September 19, 2025
- Revised settlement date: September 22, 2025
- Demat shares must be delivered through Early Pay-in mechanism only
Regulatory Changes
No regulatory changes - this is a procedural extension of existing takeover timeline.
Compliance Requirements
- Members/Custodians must use Market Type “Takeover” and settlement No. 2025035 in depository systems
- Demat shares delivery only through Early Pay-in of Shares mechanism available in both depositories
- Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
- Reference Notice No.20200528-32 for settlement guidelines under revised acquisition mechanism
Important Dates
- Bid Start Date: August 22, 2025
- Revised Bid End Date: September 09, 2025
- Obligation Download: September 19, 2025
- Revised Settlement Date: September 22, 2025
Impact Assessment
The one-day extension provides additional time for market participants to participate in the NACL Industries takeover. This is a minor procedural adjustment that should have minimal market impact while ensuring adequate participation window for the acquisition process.
Impact Justification
Extension affects takeover participants but is procedural in nature with clear revised timeline