Description
Settlement schedule for takeover offer to buy acquisition window for ANKA INDIA LIMITED from October 14-29, 2025 with settlement on November 13, 2025.
Summary
BSE has announced the settlement calendar for the Offer to Buy through Acquisition Window (Takeover) for ANKA INDIA LIMITED. The bidding window will be open from October 14, 2025 to October 29, 2025, with settlement number 2025101. Obligation download is scheduled for November 12, 2025 and final settlement on November 13, 2025.
Key Points
- Settlement Type: Takeover
- Settlement Number: 2025101
- Bid Start Date: October 14, 2025
- Bid End Date: October 29, 2025
- Obligation Download: November 12, 2025
- Settlement Date: November 13, 2025
- Demat shares must be delivered only through Early Pay-in of Shares mechanism available in both depositories
- Market Type “Takeover” and settlement number 2025101 must be used in depository system
- CDSL & NSDL early pay-in securities will be earmarked/blocked in clients’ accounts
- Members not required to upload EPN file
- Members should refer MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
Regulatory Changes
No new regulatory changes. This circular follows existing guidelines per Notice No.20200528-32 dated May 28, 2020 regarding Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange.
Compliance Requirements
- Members/Custodians must deliver demat shares through Early Pay-in of Shares mechanism only
- Participants must ensure early pay-in effect 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 BSE OTB Bidding window closure
- Use Market Type “Takeover” and Settlement No. 2025101 in depository system
- Members to refer MBRSTD_OTB_CM_mmm_SettNo file for stamp duty charges
- Contact ICCL Help Desk (022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com) for clarifications
Important Dates
- October 14, 2025: Bid Start Date
- October 29, 2025: Bid End Date
- November 12, 2025: Obligation Download
- November 13, 2025: Settlement Date
Impact Assessment
This circular has medium impact limited to shareholders of ANKA INDIA LIMITED and market participants involved in the takeover process. Members and custodians must ensure compliance with early pay-in requirements and timeline management. The 16-day bidding window provides adequate time for participants to complete necessary procedures. Non-compliance with early pay-in deadlines could result in bid rejection or settlement failures.
Impact Justification
Company-specific takeover settlement schedule affecting only ANKA INDIA LIMITED shareholders and market participants involved in the acquisition