Description

Settlement calendar for the Offer to Buy takeover of YASH TRADING AND FINANCE LIMITED through acquisition window from October 7-20, 2025.

Summary

BSE has announced the settlement calendar for the Offer to Buy takeover of YASH TRADING AND FINANCE LIMITED through the Acquisition Window mechanism. The bidding window will operate from October 7, 2025 to October 20, 2025, with settlement number 2025094.

Key Points

  • Settlement Type: Takeover
  • Settlement Number: 2025094
  • Bidding Period: October 7, 2025 to October 20, 2025
  • Obligation Download: November 3, 2025
  • Settlement Date: November 4, 2025
  • Demat shares must be delivered through Early Pay-in of Shares mechanism available in both depositories
  • Market Type “Takeover” and settlement number 2025094 must be used by Members/Custodians in depository system

Regulatory Changes

No new regulatory changes. This circular follows the Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange as per Notice No.20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members/Custodians: Must deliver demat shares only through Early Pay-in of Shares mechanism
  • Participants: Must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirmation of bids
  • Process Timing: Complete early pay-in process in Depository system sufficiently in advance before closure of BSE OTB Bidding window and confirmation window
  • CDSL & NSDL: Early pay-in securities will be earmarked/blocked in client accounts with requisite market type and settlement number
  • Members & Custodians: NOT required to upload any EPN file
  • Members: Refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges

Important Dates

  • Bid Start Date: October 7, 2025
  • Bid End Date: October 20, 2025
  • Obligation Download: November 3, 2025
  • Settlement Date: November 4, 2025

Impact Assessment

Market Impact: Low - affects only shareholders of YASH TRADING AND FINANCE LIMITED who wish to participate in the takeover offer.

Operational Impact: Medium for participating members and custodians who must ensure proper early pay-in procedures and timeline compliance for the acquisition window bidding process.

Contact for Clarifications: ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com

Impact Justification

Company-specific takeover settlement schedule with standard procedures; affects only shareholders of YASH TRADING AND FINANCE LIMITED participating in the acquisition window.