Description

Settlement calendar for the takeover offer to buy acquisition window for CDG Petchem Limited, scheduled from October 10, 2025 to October 27, 2025.

Summary

BSE has announced the settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for CDG PETCHEM LIMITED. The acquisition window will be open from October 10, 2025 to October 27, 2025, with settlement type Takeover under settlement number 2025097. The obligation download date is November 10, 2025, and the final settlement date is November 11, 2025.

Key Points

  • Settlement Number: 2025097
  • Bid Period: October 10, 2025 to October 27, 2025
  • Obligation Download Date: November 10, 2025
  • Settlement Date: November 11, 2025
  • Demat shares must be delivered only through Early Pay-in of Shares mechanism
  • Market Type “Takeover” to be used in depository system
  • Members must refer to Notice No.20200528-32 dated May 28, 2020 for revised acquisition guidelines
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in clients’ accounts
  • No EPN file upload required from members and custodians

Regulatory Changes

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

Compliance Requirements

  • Members/Custodians: Must ensure demat shares are delivered through Early Pay-in of Shares mechanism available in both depositories
  • Members/Custodians: Must use Market Type “Takeover” and settlement number 2025097 in the depository system
  • Participants: Must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids
  • Members/Custodians: Must complete early pay-in process sufficiently in advance before BSE OTB Bidding window closure
  • Members: Must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
  • Securities will be automatically earmarked/blocked in requisite market type and settlement number in CDSL & NSDL

Important Dates

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

Impact Assessment

Market Impact: Medium - This is a specific takeover offer affecting CDG Petchem Limited shareholders. The settlement window provides adequate time for shareholders to participate in the acquisition offer.

Operational Impact: Medium - Members and custodians need to follow early pay-in procedures and ensure timely delivery of securities. The automatic earmarking process in depositories simplifies the workflow as no separate EPN file upload is required.

Investor Impact: Medium - Shareholders of CDG Petchem Limited have a defined window to tender their shares in the takeover offer through the acquisition window mechanism. Proper coordination with their brokers for early pay-in is essential for successful participation.

Impact Justification

Procedural notice for a specific takeover settlement with defined timelines affecting CDG Petchem shareholders and market participants