Description

Settlement calendar for takeover offer of V.I.P. Industries Limited through acquisition window from November 3-17, 2025 with settlement on December 1, 2025.

Summary

BSE has announced the settlement schedule for the Offer to Buy under Acquisition Window (Takeover) for V.I.P. INDUSTRIES LIMITED. The bidding window will be open from November 3, 2025 to November 17, 2025, with obligation download on November 28, 2025 and final settlement on December 1, 2025. Settlement number 2025115 has been assigned for this takeover offer.

Key Points

  • Settlement Type: Takeover, Settlement No. 2025115
  • Bidding Period: November 3, 2025 to November 17, 2025
  • Obligation Download Date: November 28, 2025
  • Settlement Date: December 1, 2025
  • Demat shares must be delivered only through Early Pay-in mechanism
  • Market Type designation: “(Takeover)” to be used in depository system
  • Early pay-in securities will be earmarked/blocked in clients’ accounts
  • No EPN file upload required by Members & Custodians
  • Client-wise Stamp Duty charges available in MBRSTD_OTB_CM_mmm_SettNo file

Regulatory Changes

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

Compliance Requirements

  • Members/Custodians: Must deliver demat shares only through Early Pay-in mechanism available in both depositories (CDSL & NSDL)
  • Members/Custodians: Must use Market Type “(Takeover)” and Settlement No. 2025115 in depository system submissions
  • Participants: Must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines for bid acceptance/confirmation
  • Members/Custodians: Must complete early pay-in process sufficiently in advance before closure of BSE OTB Bidding window and confirmation window
  • Members: Should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
  • Note: Members & Custodians are NOT required to upload any EPN file

Important Dates

  • November 3, 2025: Bid Start Date
  • November 17, 2025: Bid End Date
  • November 28, 2025: Obligation Download Date
  • December 1, 2025: Final Settlement Date

Impact Assessment

Market Impact: Medium - This takeover offer will affect trading and shareholding patterns for V.I.P. Industries Limited during the 15-day acquisition window. Shareholders wishing to tender shares must coordinate with their brokers/custodians for timely delivery.

Operational Impact: Medium - Trading members and custodians need to ensure proper coordination for early pay-in of securities and adherence to specified timelines. The early pay-in mechanism requires advance planning to ensure securities are earmarked/blocked in clients’ accounts with correct market type and settlement number.

Investor Impact: Shareholders of V.I.P. Industries Limited have a defined window to participate in the takeover offer. Those interested must work with their depository participants to complete early pay-in procedures before bidding deadlines.

Contact for Queries: ICCL Help Desk available at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com

Impact Justification

Standard takeover settlement procedure affecting V.I.P. Industries shareholders and trading members during the specified acquisition window period