Description

Settlement calendar for takeover offer to buy acquisition window for Bhairav Enterprises Limited from October 9-24, 2025 with settlement on November 11, 2025.

Summary

BSE has announced the settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for BHAIRAV ENTERPRISES LIMITED. The takeover window will be conducted from October 9, 2025 to October 24, 2025, with settlement number 2025095. Obligation download is scheduled for November 7, 2025 and final settlement date is November 11, 2025.

Key Points

  • Settlement Type: Takeover
  • Settlement Number: 2025095
  • Bid Start Date: October 9, 2025
  • Bid End Date: October 24, 2025
  • Obligation Download: November 7, 2025
  • Settlement Date: November 11, 2025
  • Demat shares must be delivered only through Early Pay-in of Shares mechanism
  • Market Type “(Takeover)” and settlement number 2025095 must be used in depository system
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in client accounts
  • Members and Custodians NOT required to upload EPN file

Regulatory Changes

No new regulatory changes. Settlement follows 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 ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines
  • Process of early pay-in must be completed sufficiently in advance before BSE OTB Bidding window closure
  • Early pay-in must be completed before confirmation window for custodians
  • Securities will be earmarked/blocked in requisite market type and settlement number
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
  • Market Type “(Takeover)” and Settlement No. 2025095 must be used in depository system

Important Dates

EventDate
Bid Start DateOctober 9, 2025
Bid End DateOctober 24, 2025
Obligation DownloadNovember 7, 2025
Settlement DateNovember 11, 2025

Impact Assessment

This takeover acquisition window affects members and custodians participating in the acquisition of shares of Bhairav Enterprises Limited. The 16-day bidding window provides adequate time for participants to complete early pay-in requirements. The streamlined process with automatic earmarking/blocking in CDSL and NSDL systems and no EPN file requirement simplifies compliance. Members and custodians must coordinate timing carefully to ensure early pay-in reflects in systems before bidding deadlines. For support, ICCL Help Desk is available at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com.

Impact Justification

Company-specific takeover settlement schedule with defined procedures for members and custodians participating in acquisition window