Description
Settlement calendar for Offer to Buy acquisition window takeover of Alchemist Corporation Limited from September 11-24, 2025.
Summary
BSE has announced the settlement calendar for the Offer to Buy acquisition window (takeover) of Alchemist Corporation Limited. The takeover process will run from September 11-24, 2025, with settlement number 2025083.
Key Points
- Takeover bidding window: September 11-24, 2025
- Settlement number: 2025083
- Obligation download: October 7, 2025
- Settlement date: October 8, 2025
- Demat shares must be delivered through Early Pay-in mechanism
- Market type “Takeover” to be used in depository systems
Settlement Details
- Settlement Type: Takeover
- Settlement Number: 2025083
- Bid Period: September 11, 2025 to September 24, 2025
- Obligation Download: October 7, 2025
- Final Settlement: October 8, 2025
Compliance Requirements
- Members/Custodians must use Early Pay-in of Shares mechanism in both depositories
- Market Type “Takeover” and settlement number 2025083 must be specified in depository systems
- Securities will be earmarked/blocked in client accounts with requisite market type
- No EPN file upload required by Members & Custodians
- Early pay-in must be completed before BSE OTB bidding window closure
Important Dates
- September 11, 2025: Takeover bidding starts
- September 24, 2025: Takeover bidding ends
- October 7, 2025: Obligation download
- October 8, 2025: Final settlement
Impact Assessment
This circular affects shareholders and trading members involved in Alchemist Corporation Limited. The structured settlement process ensures orderly takeover execution with clear timelines for all participants.
Impact Justification
Specific to one company's takeover process with defined settlement procedures