Description

Settlement calendar and guidelines for the takeover offer to buy acquisition window for HARI GOVIND INTERNATIONAL LIMITED, scheduled from October 16, 2025 to October 31, 2025.

Summary

BSE has announced the settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for HARI GOVIND INTERNATIONAL LIMITED. The bidding window will be open from October 16, 2025 to October 31, 2025, with settlement number 2025100. The obligation download date is November 14, 2025, and the final settlement date is November 17, 2025.

Key Points

  • Settlement Type: Takeover
  • Settlement Number: 2025100
  • Bid Start Date: October 16, 2025
  • Bid End Date: October 31, 2025
  • Obligation Download: November 14, 2025
  • Settlement Date: November 17, 2025
  • Demat shares must be delivered through Early Pay-in of Shares mechanism available in both depositories
  • Market Type “(Takeover)” and settlement number 2025100 to be used by Members/Custodians in depository system
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in clients’ accounts
  • Members are NOT required to upload any EPN file
  • Members can refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges

Regulatory Changes

No new regulatory changes introduced. This circular follows the Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange as referenced in Notice No.20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members/Custodians must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids on BSE OTB platform
  • Complete the early pay-in process in the Depository system sufficiently in advance before BSE OTB Bidding window closure
  • Use correct Market Type “(Takeover)” and settlement number 2025100 in depository system
  • Members should refer to designated file for stamp duty charges
  • Participants must ensure timely completion to meet bidding and confirmation window deadlines

Important Dates

  • October 13, 2025: Circular issue date
  • October 16, 2025: Bid start date
  • October 31, 2025: Bid end date
  • November 14, 2025: Obligation download date
  • November 17, 2025: Final settlement date

Impact Assessment

This takeover acquisition window affects shareholders of HARI GOVIND INTERNATIONAL LIMITED who wish to participate in the offer to buy. Members and custodians handling transactions for this company must adhere to the specified settlement timeline and early pay-in procedures. The impact is company-specific and primarily operational, requiring coordination between trading members, custodians, and depositories (CDSL/NSDL) to ensure timely settlement. Non-compliance with early pay-in timelines may result in bids not being accepted or confirmed on the BSE OTB platform.

Contact Information

For clarifications, Members & Custodians may contact:

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

Impact Justification

Company-specific takeover acquisition window with defined settlement procedures. Impact limited to HARI GOVIND INTERNATIONAL LIMITED shareholders and participating members/custodians.