Description

Settlement calendar for the offer to buy acquisition window (takeover) for Lords Mark India Limited, scheduled from 13/10/2025 to 28/10/2025 with settlement on 03/11/2025.

Summary

BSE has announced the settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for LORDS MARK INDIA LIMITED. The acquisition window will be conducted from 13/10/2025 to 28/10/2025 under Settlement No. 2025099, with obligation download on 31/10/2025 and final settlement on 03/11/2025. Members and custodians must use early pay-in of shares mechanism through depositories for delivery of demat shares.

Key Points

  • Settlement Type: Takeover (Settlement No. 2025099)
  • Bid Start Date: 13/10/2025
  • Bid End Date: 28/10/2025
  • Obligation Download: 31/10/2025
  • Settlement Date: 03/11/2025
  • Demat shares delivery only through Early Pay-in of Shares mechanism
  • Market Type designation: “(Takeover)” to 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 and custodians
  • Stamp duty charges available in MBRSTD_OTB_CM_mmm_SettNo file

Regulatory Changes

No regulatory changes introduced. This circular implements existing guidelines 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 deliver demat shares only through Early Pay-in of Shares mechanism available in both depositories
  • Must use Market Type “(Takeover)” and Settlement No. 2025099 in depository system
  • Participants must ensure early pay-in securities effect is reflected in BSE/ICCL systems before prescribed timelines
  • Must complete early pay-in process sufficiently in advance before closure of BSE OTB Bidding window
  • 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

Important Dates

  • 13/10/2025: Bid start date for acquisition window
  • 28/10/2025: Bid end date for acquisition window
  • 31/10/2025: Obligation download date
  • 03/11/2025: Final settlement date

Impact Assessment

Shareholders: Shareholders of Lords Mark India Limited have the opportunity to tender their shares through the acquisition window during the specified 16-day bidding period.

Trading Members: Members must ensure compliance with early pay-in requirements and coordinate with depositories to complete the process before bidding window deadlines to avoid rejection of bids.

Custodians: Must process early pay-in instructions and confirm bids within prescribed timelines, ensuring proper earmarking of securities in client accounts.

Operational Impact: The early pay-in mechanism requires advance coordination between members, custodians, and depositories to ensure timely reflection in BSE/ICCL systems before bidding and confirmation windows close.

Impact Justification

Settlement schedule for a specific takeover acquisition window affecting Lords Mark India Limited shareholders and trading members participating in the offer to buy process