Description
BSE extends the open offer period for NACL INDUSTRIES LIMITED takeover from August 22, 2025 to September 9, 2025, with acquisition window closing on September 8, 2025.
Summary
BSE has extended the open offer period for the takeover of NACL INDUSTRIES LIMITED. The revised schedule runs from Friday, August 22, 2025, to Tuesday, September 9, 2025, with the acquisition window closing on Monday, September 8, 2025, due to SEBI Holiday.
Key Points
- Open offer period extended for NACL INDUSTRIES LIMITED takeover
- Manager to Issue: JM Financial Ltd
- Revised schedule communicated to Trading Members and Custodians
- Extension follows previous notice dated August 19, 2025
Regulatory Changes
No regulatory changes - this is a schedule modification for an existing takeover offer process.
Compliance Requirements
- Trading Members and Custodians must note the revised schedule
- Bidding must be completed before acquisition window closure
- Contact designated BSE officials for clarifications
Important Dates
- Open Offer Period: August 22, 2025 to September 9, 2025
- Acquisition Window Closure: September 8, 2025
- Original Notice Date: August 19, 2025 (Notice 20250819-22)
Impact Assessment
This extension provides additional time for shareholders to participate in the takeover offer. Impact is limited to NACL INDUSTRIES LIMITED shareholders, Trading Members, and Custodians involved in the acquisition process. The extension accommodates SEBI Holiday scheduling.
Impact Justification
Routine takeover offer extension affecting specific company shareholders and trading members