Description
BSE announces closure of acquisition window bidding for 5 takeover issues in OTB segment on September 8, 2025 due to SEBI holiday.
Summary
BSE announces that acquisition window bidding will not be available for 5 ongoing Offer to Buy (OTB) takeover issues on Monday, September 8, 2025, due to a SEBI holiday. This affects trading members and custodians involved in these specific takeover transactions.
Key Points
- Acquisition window bidding suspended for OTB segment on September 8, 2025
- Suspension applies to 5 specific takeover issues
- Reason: SEBI holiday
- Trading members and custodians are notified to adjust their operations accordingly
Regulatory Changes
No permanent regulatory changes. This is a temporary operational adjustment due to regulatory holiday schedule.
Compliance Requirements
- Trading members must note the suspension of bidding for affected OTB issues
- Custodians should adjust their operational schedules accordingly
- Contact BSE officials for any clarifications needed
Important Dates
- September 8, 2025: Acquisition window bidding not available for specified OTB issues
- September 5, 2025: Notice date
Impact Assessment
Limited impact affecting only 5 specific takeover issues in the OTB segment. Trading members and custodians involved in these particular transactions need to adjust their bidding schedules. The suspension is temporary and limited to one trading day due to regulatory holiday.
Impact Justification
Affects specific OTB segment trading for 5 companies on one trading day