Description
Settlement calendar for takeover offer to buy acquisition window for Bhairav Enterprises Limited, conducted from October 9 to October 24, 2025.
Summary
BSE has announced the settlement calendar for an Offer to Buy via Acquisition Window (Takeover) for BHAIRAV ENTERPRISES LIMITED. The takeover bidding window will operate from October 9, 2025 to October 24, 2025, with settlement number 2025095. Obligation download is scheduled for November 7, 2025 and final settlement on November 11, 2025.
Key Points
- Settlement Type: Takeover with Settlement Number 2025095
- Bid Period: October 9, 2025 to October 24, 2025
- Demat shares must be delivered exclusively through Early Pay-in of Shares mechanism available in both depositories
- Market Type “(Takeover)” and settlement number 2025095 must be used in depository system
- CDSL & NSDL early pay-in securities will be earmarked/blocked in clients’ accounts automatically
- Members are NOT required to upload EPN file
- Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Regulatory Changes
This notice follows the Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange as referenced in Notice No.20200528-32 dated May 28, 2020.
Compliance Requirements
- Members/Custodians must ensure demat shares are delivered only through Early Pay-in mechanism
- Participants must complete early pay-in process sufficiently in advance before BSE OTB Bidding window closure
- Effect of early pay-in must be reflected in BSE/ICCL systems before prescribed timelines for bid acceptance/confirmation
- Members and Custodians must use correct Market Type “(Takeover)” and Settlement No. 2025095 in depository systems
Important Dates
- Bid Start Date: October 9, 2025
- Bid End Date: October 24, 2025
- Obligation Download: November 7, 2025
- Settlement Date: November 11, 2025
Impact Assessment
This takeover offer affects shareholders of Bhairav Enterprises Limited who wish to participate in the acquisition window. Members and custodians handling transactions for this scrip must ensure compliance with early pay-in requirements and proper system configurations to facilitate smooth settlement. The 16-day bidding window provides adequate time for participants to complete necessary processes.
Impact Justification
Company-specific takeover offer with defined settlement schedule affecting shareholders and members dealing with Bhairav Enterprises Limited