Description

Settlement calendar for takeover offer to buy acquisition window for Lords Mark India Limited scheduled from October 13-28, 2025 with settlement on November 3, 2025.

Summary

BSE has announced the settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for LORDS MARK INDIA LIMITED. The takeover bidding window will operate from October 13, 2025 to October 28, 2025, with settlement number 2025099. Obligation download is scheduled for October 31, 2025 and final settlement date is November 3, 2025.

Key Points

  • Settlement Type: Takeover
  • Settlement Number: 2025099
  • Bid Start Date: October 13, 2025
  • Bid End Date: October 28, 2025
  • Obligation Download: October 31, 2025
  • Settlement Date: November 3, 2025
  • Demat shares must be delivered through Early Pay-in of Shares mechanism only
  • Market Type designation: “Takeover” with settlement no. 2025099
  • Members/Custodians must refer to Notice No.20200528-32 dated May 28, 2020 for revised acquisition guidelines

Regulatory Changes

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

Compliance Requirements

  • Members/Custodians: Must use Early Pay-in of Shares mechanism available in both depositories (CDSL and NSDL)
  • Market Type Specification: Must use Market Type “Takeover” and settlement No.2025099 in depository system
  • Timing: Complete early pay-in process sufficiently in advance before BSE OTB Bidding window closure
  • Securities Earmarking: CDSL & NSDL early pay-in securities will be automatically earmarked/blocked in clients’ accounts with requisite market type and settlement number
  • No EPN File Upload: Members & Custodians are NOT required to upload any EPN file
  • Stamp Duty: Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Important Dates

  • October 13, 2025: Bid start date
  • October 28, 2025: Bid end date
  • October 31, 2025: Obligation download date
  • November 3, 2025: Final settlement date

Impact Assessment

Market Impact: Medium - This is a company-specific takeover offer affecting Lords Mark India Limited shareholders and trading members participating in the acquisition window.

Operational Impact: Medium - Members and custodians must ensure proper early pay-in procedures are followed with correct market type and settlement number designations. Early completion of pay-in process is critical to ensure securities are reflected in BSE/ICCL systems before bidding window closures.

Participant Impact: Shareholders of Lords Mark India Limited wishing to participate in the takeover offer must coordinate with their brokers/custodians to ensure timely early pay-in of shares during the specified window.

Contact: For clarifications, contact ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com

Impact Justification

Company-specific takeover settlement schedule with defined timelines for acquisition window. Impacts shareholders and members participating in the Lords Mark India Limited takeover offer.