Description

Settlement calendar and procedures for Offer to Buy - Acquisition Window (Takeover) for Heubach Colorants India Limited 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 11-24, 2025, with settlement number 2025084, obligation download on October 8, 2025, and settlement date on October 9, 2025.

Key Points

  • Takeover offer period: September 11-24, 2025
  • Settlement number: 2025084
  • Obligation download: October 8, 2025
  • Settlement date: October 9, 2025
  • Demat shares must be delivered through Early Pay-in mechanism only
  • Market type “(Takeover)” must be specified in depository systems
  • Members must complete early pay-in process sufficiently in advance of bidding deadlines

Regulatory Changes

No new regulatory changes introduced. The circular follows existing guidelines from Notice No.20200528-32 dated May 28, 2020, regarding settlement as per Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange.

Compliance Requirements

  • Members/Custodians must use Market Type “(Takeover)” and settlement No. 2025084 in depository systems
  • Securities must be delivered only through Early Pay-in of Shares mechanism available in both depositories
  • Early pay-in effect must be reflected in BSE/ICCL systems before prescribed timelines
  • Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
  • No EPN file upload required for Members & Custodians
  • CDSL & NSDL early pay-in securities will be automatically earmarked/blocked

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 affects Heubach Colorants India Limited shareholders who wish to participate in the acquisition window. The structured settlement schedule ensures orderly processing of the takeover transactions. Members and custodians need to ensure compliance with early pay-in requirements to avoid settlement issues. The 14-day bidding window provides sufficient time for shareholder participation.

Impact Justification

High importance due to takeover settlement procedures with specific deadlines; medium impact as it affects shareholders of one company