Description
Updated settlement calendar for NACL Industries takeover offer extending bid period to September 9, 2025 with revised settlement date of September 12, 2025.
Summary
BSE has revised the settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for NACL INDUSTRIES LIMITED. The bid period has been extended to September 9, 2025, with the revised settlement date moved to September 12, 2025.
Key Points
- Settlement No. 2025074 for NACL Industries takeover
- Bid period extended from August 22, 2025 to September 9, 2025
- Revised obligation download date: September 11, 2025
- Revised settlement date: September 12, 2025
- Demat shares must be delivered through Early Pay-in mechanism only
- Market Type “Takeover” and settlement No. 2025074 to be used in depository system
Regulatory Changes
No new regulatory changes introduced. This is a procedural update to previously announced takeover settlement schedule.
Compliance Requirements
- Members/Custodians must use Early Pay-in of Shares mechanism for demat share delivery
- Must specify Market Type “Takeover” and settlement No. 2025074 in depository system
- Refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
- Follow revised guidelines for acquisition of shares through Stock Exchange (Notice No.20200528-32)
Important Dates
- Bid End Date: September 9, 2025
- Revised Obligation Download: September 11, 2025
- Revised Settlement Date: September 12, 2025
Impact Assessment
The revision extends the takeover bid period, providing additional time for shareholders to participate in the acquisition offer. This procedural change ensures proper settlement execution without affecting the fundamental terms of the takeover offer.
Impact Justification
Settlement schedule revision affects takeover timeline but is procedural update