Description

Settlement calendar for the takeover offer of Shamrock Industrial Company Limited through acquisition window, scheduled from October 30, 2025 to November 13, 2025.

Summary

BSE has announced the settlement calendar for the Offer to Buy through Acquisition Window (Takeover) for SHAMROCK INDUSTRIAL COMPANY LIMITED. The bidding period will run from October 30, 2025 to November 13, 2025, with settlement number 2025112. The obligation download date is November 26, 2025, and the settlement date is November 27, 2025.

Key Points

  • Settlement Type: Takeover
  • Settlement Number: 2025112
  • Bid Start Date: October 30, 2025
  • Bid End Date: November 13, 2025
  • Obligation Download: November 26, 2025
  • Settlement Date: November 27, 2025
  • Demat shares must be delivered through Early Pay-in of Shares mechanism only
  • Market Type “(Takeover)” and settlement number 2025112 to be used in depository system

Regulatory Changes

No new regulatory changes. The circular references existing Notice No.20200528-32 dated May 28, 2020 regarding settlement as per Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange.

Compliance Requirements

  • Members/Custodians must deliver demat shares only through the Early Pay-in of Shares mechanism available in both depositories
  • Participants must ensure early pay-in effect is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirmation of 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. 2025112 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 to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Important Dates

  • October 30, 2025: Bid start date
  • November 13, 2025: Bid end date
  • November 26, 2025: Obligation download date
  • November 27, 2025: Settlement date

Impact Assessment

This circular has limited market-wide impact as it pertains to a specific takeover transaction for Shamrock Industrial Company Limited. The impact is primarily on:

  • Existing shareholders of Shamrock Industrial Company Limited who may participate in the offer
  • The acquirer conducting the takeover
  • Members and custodians facilitating the transaction
  • Clearing corporation (ICCL) managing the settlement

The settlement follows established procedures for takeover offers through the acquisition window mechanism. Members and custodians are provided with clear timelines and technical requirements for processing early pay-in of shares. For assistance, ICCL Help Desk is available at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com.

Impact Justification

Company-specific takeover settlement schedule with standard procedures. Limited market-wide impact, relevant only to shareholders and acquirers of Shamrock Industrial Company Limited.