Description

Settlement calendar and procedures for the takeover offer of Yash Trading and Finance Limited through acquisition window from October 7-20, 2025.

Summary

BSE announces the settlement schedule for the Offer to Buy through Acquisition Window (Takeover) for Yash Trading and Finance Limited. The bidding window will be open from October 7, 2025 to October 20, 2025, with settlement number 2025094. Obligation download is scheduled for November 3, 2025 and settlement date on November 4, 2025.

Key Points

  • Settlement Type: Takeover (Settlement No. 2025094)
  • Bid Period: October 7-20, 2025
  • Demat shares must be delivered through Early Pay-in mechanism only
  • Market Type “Takeover” and settlement number 2025094 to be used in depository systems
  • Securities will be earmarked/blocked in clients’ accounts automatically
  • No EPN file upload required by Members & Custodians
  • Members can refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Regulatory Changes

No new regulatory changes. Circular refers to existing guidelines per Notice No.20200528-32 dated May 28, 2020 regarding Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange.

Compliance Requirements

  • Members/Custodians must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines
  • Complete early pay-in process sufficiently in advance before BSE OTB Bidding window closure
  • Use Market Type “Takeover” and Settlement No. 2025094 in depository system
  • Both CDSL and NSDL participants must follow early pay-in procedures
  • Bids must be accepted/confirmed within prescribed timelines on BSE OTB platform

Important Dates

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

Impact Assessment

Limited impact restricted to shareholders and trading members dealing with Yash Trading and Finance Limited shares. This is a standard takeover settlement procedure affecting only participants in this specific acquisition. Members and custodians handling shares of this company need to follow early pay-in procedures and timing requirements to ensure successful settlement. Contact available through ICCL Help Desk (022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com) for clarifications.

Impact Justification

Company-specific takeover procedure with limited market-wide impact, relevant only to shareholders of Yash Trading and Finance Limited