Description
Revised settlement calendar for the offer to buy acquisition window (takeover) of NACL Industries Limited with updated obligation download and settlement dates.
Summary
BSE has revised the settlement schedule for the offer to buy acquisition window (takeover) of NACL Industries Limited. The takeover was conducted from August 22, 2025 to September 8, 2025, with updated obligation download and settlement dates.
Key Points
- Settlement type: Takeover (Settlement No. 2025074)
- Bid period: 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 of Shares mechanism
- Market type “Takeover” and settlement number 2025074 must be used in depository systems
Regulatory Changes
No new regulatory changes introduced - this is a revision of existing settlement schedule following established takeover guidelines.
Compliance Requirements
- Members/Custodians must use Market Type “Takeover” and settlement No. 2025074 in depository system
- Demat shares delivery only through Early Pay-in of Shares mechanism available in both depositories
- Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
- Follow guidelines per Notice No.20200528-32 dated May 28, 2020 regarding settlement under revised acquisition mechanism
Important Dates
- Bid End Date: September 9, 2025
- Revised Obligation Download: September 11, 2025
- Revised Settlement Date: September 12, 2025
Impact Assessment
Medium impact limited to participants in NACL Industries takeover offer. The revision provides updated timelines for settlement obligations and ensures proper completion of the acquisition process. Market participants involved in this specific takeover must adjust their settlement processes according to the revised dates.
Impact Justification
Settlement schedule revision affects takeover participants but is limited to one specific company