Description
Settlement calendar and procedures for Heubach Colorants India Limited takeover offer running from September 11-24, 2025.
Summary
BSE has announced the settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for Heubach Colorants India Limited. The takeover offer will run from September 11, 2025, to September 24, 2025, with settlement number 2025084.
Key Points
- Takeover offer period: September 11-24, 2025
- Settlement number: 2025084
- Obligation download date: October 8, 2025
- Settlement date: October 9, 2025
- Demat shares must be delivered through Early Pay-in mechanism only
- Market type “Takeover” to be used in depository systems
Regulatory Changes
No new regulatory changes announced. The circular references existing guidelines from Notice No.20200528-32 dated May 28, 2020, regarding the revised mechanism for acquisition of shares through Stock Exchange.
Compliance Requirements
- Members/Custodians must use Market Type “Takeover” and settlement number 2025084 in depository systems
- Early pay-in of securities must be completed sufficiently in advance of BSE OTB bidding window closure
- CDSL & NSDL will earmark/block securities in clients’ accounts automatically
- No EPN file upload required for this process
- Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Important Dates
- September 11, 2025: Bid start date
- September 24, 2025: Bid end date
- October 8, 2025: Obligation download date
- October 9, 2025: Settlement date
Impact Assessment
This takeover offer provides shareholders of Heubach Colorants India Limited an opportunity to sell their shares through the acquisition window. The structured settlement process ensures orderly execution while the early pay-in mechanism facilitates smooth delivery of securities. Market participants must ensure compliance with the specified procedures to avoid settlement issues.
Impact Justification
Specific takeover offer with defined settlement procedures affecting shareholders and market participants