Description

Settlement calendar and guidelines for the takeover offer of Heubach Colorants India Limited scheduled from September 11-24, 2025.

Summary

BSE has announced the settlement schedule for the takeover offer of Heubach Colorants India Limited, to be conducted from September 11-24, 2025. The settlement includes specific guidelines for demat share delivery through early pay-in mechanisms.

Key Points

  • Takeover offer period: September 11-24, 2025
  • Settlement number: 2025084
  • Settlement date: October 9, 2025
  • Obligation download: October 8, 2025
  • Demat shares must be delivered through Early Pay-in of Shares mechanism only

Regulatory Changes

No new regulatory changes. Process follows existing Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange as per Notice No.20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members/Custodians must use Market Type “Takeover” and settlement No. 2025084 in depository system
  • Early pay-in of securities must be completed sufficiently in advance before BSE OTB bidding window closure
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in client accounts
  • Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
  • No EPN file upload required

Important Dates

  • September 11, 2025: Bid start date
  • September 24, 2025: Bid end date
  • October 8, 2025: Obligation download
  • October 9, 2025: Settlement date

Impact Assessment

Medium impact on market participants involved in the Heubach Colorants India Limited takeover. Affects members and custodians who need to ensure proper early pay-in procedures and timing compliance for successful bid processing.

Impact Justification

Affects specific takeover process with clear operational impact for participants