Description
Settlement calendar for offer to buy acquisition window takeover of Hindustan Agrigenetics Limited from September 9-22, 2025.
Summary
BSE has announced the settlement schedule for the takeover offer of Hindustan Agrigenetics Limited, with bidding period from September 9-22, 2025 and settlement on October 7, 2025.
Key Points
- Settlement Type: Takeover (Settlement No. 2025081)
- Bid Period: September 9, 2025 to September 22, 2025
- Obligation Download: October 6, 2025
- Settlement Date: October 7, 2025
- Demat shares must be delivered through Early Pay-in mechanism only
- Market Type “(Takeover)” and settlement No. 2025081 to be used in depository system
Regulatory Changes
No new regulatory changes introduced - existing takeover settlement procedures apply as per revised guidelines from May 28, 2020.
Compliance Requirements
- Members/Custodians must use Early Pay-in of Shares mechanism for demat delivery
- Securities must be earmarked/blocked in clients’ accounts with requisite market type and settlement number
- No EPN file upload required
- Early pay-in must be completed sufficiently in advance before BSE OTB platform deadlines
- Members to refer MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Important Dates
- September 9, 2025: Bid start date
- September 22, 2025: Bid end date
- October 6, 2025: Obligation download
- October 7, 2025: Settlement date
Impact Assessment
Medium impact limited to Hindustan Agrigenetics shareholders and market participants involved in the takeover process. Standard settlement procedures with early pay-in requirements ensure orderly transaction processing.
Impact Justification
Specific takeover settlement affecting one company with defined timeline and procedures