Description
Settlement calendar for takeover offer to buy acquisition window for B J DUPLEX BOARDS LIMITED, to be conducted from November 4-18, 2025 with settlement on November 24, 2025.
Summary
BSE has announced the settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for B J DUPLEX BOARDS LIMITED. The bidding window will be open from November 4, 2025 to November 18, 2025, with settlement number 2025117. Obligation download is scheduled for November 21, 2025 and final settlement on November 24, 2025.
Key Points
- Settlement Type: Takeover
- Settlement Number: 2025117
- Bid Start Date: November 4, 2025
- Bid End Date: November 18, 2025
- Obligation Download: November 21, 2025
- Settlement Date: November 24, 2025
- Demat shares must be delivered through Early Pay-in of Shares mechanism only
- Market Type “Takeover” must be specified in depository system
- CDSL & NSDL early pay-in securities will be earmarked/blocked in clients account
- No EPN file upload required by Members & Custodians
Regulatory Changes
No new regulatory changes. This circular follows the Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange as referenced in Notice No.20200528-32 dated May 28, 2020.
Compliance Requirements
- Members/Custodians: Must deliver demat shares through Early Pay-in of Shares mechanism available in both depositories
- Participants: Must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids
- Market Type Specification: Must use Market Type “Takeover” and Settlement No. 2025117 in depository system
- Timing: Complete early pay-in process sufficiently in advance before BSE OTB Bidding window closure for bid placement and confirmation
- Stamp Duty: Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Important Dates
| Event | Date |
|---|---|
| Bid Start Date | November 4, 2025 |
| Bid End Date | November 18, 2025 |
| Obligation Download | November 21, 2025 |
| Settlement Date | November 24, 2025 |
Impact Assessment
Market Impact: Limited to shareholders of B J DUPLEX BOARDS LIMITED who wish to participate in the takeover offer.
Operational Impact: Members and custodians handling shares of B J DUPLEX BOARDS LIMITED must follow specific early pay-in procedures and ensure proper earmarking in the depository system with correct settlement number and market type.
Contact Information: For clarifications, members and custodians can contact ICCL Help Desk at 022-69158590/45720490/45720690 or email iccl.helpdesk@icclindia.com.
Issuing Authority: Indian Clearing Corporation Ltd. (Atharva Naik, Senior Officer and Tajindersingh Virdi, Senior Manager)
Impact Justification
Company-specific takeover offer with defined settlement schedule affecting shareholders of B J DUPLEX BOARDS LIMITED. Medium impact as it affects only one stock but requires specific early pay-in procedures.