Description

Revised settlement calendar for the takeover offer of CDG PETCHEM LIMITED conducted from October 10-27, 2025, with updated obligation download and settlement dates.

Summary

BSE has issued a revised settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for CDG PETCHEM LIMITED (Settlement No. 2025097). The bidding period ran from October 10, 2025 to October 27, 2025, with the revised obligation download date set for October 30, 2025 and settlement date on October 31, 2025. This notice supersedes the earlier Notice No. 20251009-19.

Key Points

  • Settlement Number: 2025097
  • Settlement Type: Takeover (Acquisition Window)
  • Bid Period: October 10, 2025 to October 27, 2025
  • Revised Obligation Download Date: October 30, 2025
  • Revised Settlement Date: October 31, 2025
  • Demat shares must be delivered through Early Pay-in of Shares mechanism only
  • Market Type “(Takeover)” and Settlement No. 2025097 must be used in depository systems

Regulatory Changes

No new regulatory changes introduced. This circular provides revised settlement dates for an ongoing takeover process.

Compliance Requirements

  • Members/Custodians: Must deliver demat shares exclusively through the Early Pay-in of Shares mechanism available in both depositories
  • Members/Custodians: Must specify Market Type “(Takeover)” and Settlement No. 2025097 in the depository system
  • Members: Should refer to Notice No. 20200528-32 dated May 28, 2020 regarding settlement as per Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange
  • Members: Must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges

Important Dates

  • October 10, 2025: Bid Start Date
  • October 27, 2025: Bid End Date
  • October 30, 2025: Revised Obligation Download Date
  • October 31, 2025: Revised Settlement Date

Impact Assessment

Operational Impact: Medium - Members and custodians participating in the CDG PETCHEM takeover must adjust their settlement schedules and processes according to the revised dates. The two-day extension from the original schedule requires coordination for obligation downloads and final settlement.

Market Impact: Limited to participants in the specific takeover offer for CDG PETCHEM LIMITED. Does not affect broader market operations.

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

Impact Justification

Revised settlement timeline affects specific takeover transaction for CDG Petchem with defined obligations for members and custodians participating in the acquisition window.