Description

Settlement calendar for the offer to buy acquisition window (takeover) of DECCAN BEARINGS LIMITED, conducted from October 10, 2025 to October 27, 2025.

Summary

BSE has announced the settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for DECCAN BEARINGS LIMITED. The bidding window will be open from October 10, 2025 to October 27, 2025, with obligation download on November 6, 2025 and settlement date on November 7, 2025. The settlement number is 2025096.

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 to be used by Members/Custodians in depository system
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in clients account in requisite market type and settlement number
  • Members & Custodians are NOT required to upload any EPN file

Regulatory Changes

No new regulatory changes. This circular implements existing guidelines as per Notice No.20200528-32 dated May 28, 2020, regarding settlement as per Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange.

Compliance Requirements

  • Members/Custodians must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirmation of Bids by BSE OTB platform
  • Complete the process of early pay-in of securities in Depository system sufficiently in advance before prescribed timelines for closure of BSE OTB Bidding window
  • Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client wise Stamp Duty charges
  • Participants must ensure effect of early pay-in is reflected before closure of bidding window for members and confirmation window for custodians

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 circular has medium impact, primarily affecting:

  • Shareholders of DECCAN BEARINGS LIMITED who wish to participate in the takeover offer
  • Trading members and custodians facilitating the acquisition window transactions
  • Clearing and settlement operations for this specific takeover transaction

The circular provides operational clarity on timelines and procedures, ensuring smooth execution of the takeover process through the stock exchange mechanism. For clarifications, members and custodians can contact ICCL Help Desk at 022-69158590/45720490/45720690 or email iccl.helpdesk@icclindia.com.

Impact Justification

Operational circular providing settlement schedule for a specific takeover transaction affecting DECCAN BEARINGS LIMITED shareholders and participating members.