Description

Settlement calendar for delisting acquisition window of MANPHOOL EXPORTS LIMITED scheduled from October 30, 2025 to November 6, 2025.

Summary

BSE has issued the settlement calendar for the Offer to Buy – Acquisition Window (Delisting) for MANPHOOL EXPORTS LIMITED. The bidding window will be open from October 30, 2025 to November 6, 2025, with settlement number 2025113. Obligation download is scheduled for November 14, 2025, and final settlement on November 17, 2025.

Key Points

  • Settlement Type: Delisting (Settlement No. 2025113)
  • Bid Period: October 30, 2025 to November 6, 2025
  • Demat shares must be delivered through Early Pay-in mechanism only
  • Market Type “(Delisting)” must be used in depository systems
  • Members must complete early pay-in sufficiently before BSE OTB bidding window closure
  • CDSL: Early pay-in by clients directly to member/custodian account
  • NSDL: Securities earmarked/blocked in client account with transfer instructions
  • No EPN file upload required by members and custodians
  • Stamp duty charges available in MBRSTD_OTB_CM_mmm_SettNo file

Regulatory Changes

No new regulatory changes. Settlement follows revised guidelines per Notice No.20200528-32 dated May 28, 2020 regarding mechanism for acquisition of shares through Stock Exchange.

Compliance Requirements

  • Members/Custodians must ensure early pay-in securities are reflected in BSE/ICCL systems before prescribed timelines
  • Early pay-in process must be completed sufficiently in advance of BSE OTB bidding window closure
  • Members must use correct Market Type “(Delisting)” and Settlement No. 2025113 in depository systems
  • Participants must follow different procedures for CDSL vs NSDL early pay-in
  • Members to refer MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Important Dates

  • October 30, 2025: Bid Start Date
  • November 6, 2025: Bid End Date
  • November 14, 2025: Obligation Download
  • November 17, 2025: Settlement Date

Impact Assessment

This circular has limited market-wide impact as it pertains specifically to the delisting process of MANPHOOL EXPORTS LIMITED. Impact is restricted to:

  • Existing shareholders of MANPHOOL EXPORTS LIMITED who wish to participate in the delisting offer
  • Members and custodians handling trades for this specific security
  • Market operations teams managing the settlement process

The circular is procedural in nature, providing administrative guidance for settlement mechanics. No broader market implications or systemic changes are involved.

Impact Justification

Routine delisting settlement schedule for a single company with limited market-wide impact, relevant only to shareholders of MANPHOOL EXPORTS LIMITED