Description
BSE updates settlement calendar for NACL Industries Limited takeover offer conducted from August 22 to September 8, 2025.
Summary
BSE has revised the settlement calendar for the takeover offer of NACL Industries Limited. The offer to buy through acquisition window 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 mechanism only
- Market type “Takeover” and settlement number 2025074 to be used in depository systems
Regulatory Changes
No new regulatory changes introduced. This circular provides revised settlement timeline for an existing takeover offer process.
Compliance Requirements
- Members/Custodians must use Market Type “Takeover” and settlement No. 2025074 in depository systems
- 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
- Compliance with 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
Limited impact confined to participants in NACL Industries Limited takeover offer. The revision provides clarity on settlement timeline and ensures proper processing of takeover transactions. No broader market implications expected.
Impact Justification
Settlement calendar revision affects specific takeover participants but has limited broader market impact