Description
Settlement calendar for acquisition window takeover of Deccan Bearings Limited to be conducted from October 10, 2025 to October 27, 2025 with settlement on November 7, 2025.
Summary
BSE has announced the settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for DECCAN BEARINGS LIMITED. The acquisition window will be open from October 10, 2025 to October 27, 2025, with settlement number 2025096. Obligation download is scheduled for November 6, 2025, and final settlement on November 7, 2025.
Key Points
- Settlement Type: Takeover
- Settlement Number: 2025096
- Bid Start Date: October 10, 2025
- Bid End Date: October 27, 2025
- Obligation Download: November 6, 2025
- Settlement Date: November 7, 2025
- Demat shares must be delivered only through Early Pay-in of Shares mechanism available in both depositories
- Market Type “(Takeover)” and settlement number 2025096 must be used by Members/Custodians in the depository system
- CDSL & NSDL early pay-in securities will be earmarked/blocked in clients account
- Members NOT required to upload any EPN file
Regulatory Changes
This circular follows the Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange as outlined in Notice No. 20200528-32 dated May 28, 2020.
Compliance Requirements
- Members/Custodians must use Early Pay-in of Shares mechanism for demat share delivery
- Participants must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming Bids by the BSE OTB platform
- Early pay-in process must be completed in Depository system sufficiently in advance before closure of BSE OTB Bidding window
- Members must specify Market Type “(Takeover)” and settlement number 2025096 in depository system
- Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
- No EPN file upload required from Members & Custodians
Important Dates
| Event | Date |
|---|---|
| Bid Start Date | October 10, 2025 |
| Bid End Date | October 27, 2025 |
| Obligation Download | November 6, 2025 |
| Settlement Date | November 7, 2025 |
Impact Assessment
This takeover acquisition window impacts shareholders of Deccan Bearings Limited who wish to participate in the offer to buy. Trading members and custodians handling shares of this company must follow specific early pay-in procedures and ensure timely completion of depository processes. The 18-day bidding window provides adequate time for shareholders to tender their shares. Contact: ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com for clarifications.
Impact Justification
Takeover settlement for specific company affecting shareholders and trading members dealing with Deccan Bearings Limited shares