Description
Updated settlement calendar for the acquisition window takeover of KOLTE-PATIL DEVELOPERS LTD with revised obligation download and settlement dates.
Summary
BSE has issued a revised settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for KOLTE-PATIL DEVELOPERS LTD. The takeover period ran from August 22, 2025 to September 9, 2025, with updated obligation download and settlement dates.
Key Points
- Settlement Type: Takeover (Settlement No. 2025073)
- 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
- Market Type “Takeover” and settlement number 2025073 to be used in depository systems
Regulatory Changes
No new regulatory changes introduced. This is an operational update to previously announced 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. 2025073 in depository systems
- 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
Important Dates
- Bid End Date: September 9, 2025
- Revised Obligation Download: September 11, 2025
- Revised Settlement Date: September 12, 2025
Impact Assessment
This revision provides updated settlement timelines for the KOLTE-PATIL DEVELOPERS takeover process. Impact is limited to participants involved in this specific acquisition window. The revision ensures proper settlement procedures are followed with adequate time for obligation fulfillment.
Impact Justification
Settlement schedule revision affects trading participants but is routine operational update