Description

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

Summary

BSE has issued the settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for Deccan Bearings Limited. The takeover bidding window will run from October 10, 2025 to October 27, 2025, with settlement number 2025096. Obligation download is scheduled for November 6, 2025, and settlement date is 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 through Early Pay-in of Shares mechanism only
  • Market Type “Takeover” and settlement number 2025096 must be used in depository system
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in client accounts
  • No EPN file upload required by Members & Custodians
  • Stamp duty charges available in MBRSTD_OTB_CM_mmm_SettNo file

Regulatory Changes

No new regulatory changes introduced. This circular follows the 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 deliver demat shares only through the Early Pay-in of Shares mechanism available in both depositories
  • Participants must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids
  • Complete early pay-in process in Depository system sufficiently in advance before closure of BSE OTB Bidding window
  • Use Market Type “Takeover” and Settlement No. 2025096 in depository system
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
  • Securities will be earmarked/blocked in client accounts in requisite market type and settlement number

Important Dates

  • October 10, 2025: Bid Start Date
  • October 27, 2025: Bid End Date
  • November 6, 2025: Obligation Download
  • November 7, 2025: Settlement Date

Impact Assessment

This takeover offer impacts shareholders of Deccan Bearings Limited who wish to participate in the acquisition window. Members and custodians handling client positions in this security must follow the early pay-in mechanism and ensure timely submission before the bidding window closes. The 18-day bidding period provides adequate time for shareholders to make informed decisions. Operational impact is moderate, requiring coordination between members, custodians, and depositories to ensure proper blocking and earmarking of securities in client accounts.

Contact Information

For clarifications, contact ICCL Help Desk:

  • Phone: 022-69158590 / 45720490 / 45720690
  • Email: iccl.helpdesk@icclindia.com
  • Officials: Jai Ghadi (Assistant Manager), Tajindersingh Virdi (Senior Manager)

Impact Justification

Settlement schedule for takeover offer affecting shareholders of Deccan Bearings Limited with specific operational requirements for members and custodians