Description

Settlement calendar for the Offer to Buy - Acquisition Window (Takeover) for CDG PETCHEM LIMITED, scheduled from October 10, 2025 to October 27, 2025.

Summary

BSE has announced the settlement calendar for the Offer to Buy - Acquisition Window (Takeover) for CDG PETCHEM LIMITED. The acquisition window will be conducted from October 10, 2025 to October 27, 2025, with settlement number 2025097. Obligation download is scheduled for November 10, 2025, and final settlement on November 11, 2025.

Key Points

  • Settlement Type: Takeover
  • Settlement Number: 2025097
  • Bid Period: October 10, 2025 to October 27, 2025
  • Obligation Download: November 10, 2025
  • Settlement Date: November 11, 2025
  • Demat shares must be delivered through Early Pay-in mechanism only
  • Market Type designation: “Takeover” with settlement number 2025097
  • Members must use CDSL and NSDL early pay-in systems
  • Securities will be earmarked/blocked in client accounts
  • No EPN file upload required

Regulatory Changes

No new regulatory changes introduced. This circular implements existing guidelines for acquisition of shares through stock exchange mechanism as per Notice No.20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members/Custodians: Must deliver demat shares through Early Pay-in mechanism available in both depositories (CDSL and NSDL)
  • Market Type Specification: Use Market Type “Takeover” and Settlement No. 2025097 in depository system
  • Timing: Complete early pay-in process sufficiently in advance before BSE OTB bidding window closure and custodian confirmation window deadlines
  • Securities Blocking: Ensure early pay-in securities are properly earmarked/blocked in requisite market type and settlement number
  • Stamp Duty: Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
  • System Reflection: Ensure early pay-in effects are reflected in BSE/ICCL systems before prescribed bid acceptance/confirmation timelines

Important Dates

  • October 10, 2025: Bid start date
  • October 27, 2025: Bid end date
  • November 10, 2025: Obligation download date
  • November 11, 2025: Final settlement date

Impact Assessment

Market Impact: Minimal. This is a routine takeover settlement schedule for a single company (CDG PETCHEM LIMITED).

Operational Impact: Low to moderate for trading members and custodians participating in the acquisition. Requires coordination with depository systems for early pay-in compliance.

Investor Impact: Relevant only to CDG PETCHEM LIMITED shareholders who wish to participate in the offer to buy acquisition window during the specified period.

Contact Information: For clarifications, members and custodians can contact ICCL Help Desk at 022-69158590/45720490/45720690 or email iccl.helpdesk@icclindia.com.

Issued By: Indian Clearing Corporation Ltd. - Jai Ghadi (Assistant Manager) and Tajindersingh Virdi (Senior Manager)

Impact Justification

Company-specific takeover settlement schedule with standard operational procedures. Limited impact confined to CDG PETCHEM LIMITED shareholders and trading members participating in the acquisition window.