Description
Revised settlement calendar for Offer to Buy (Acquisition Window) in ANKA INDIA LIMITED with updated obligation download and settlement dates.
Summary
BSE has issued a revised settlement schedule for the Offer to Buy (Acquisition Window/Takeover) for ANKA INDIA LIMITED. The bidding period ran from October 14, 2025 to October 29, 2025. The revised obligation download date is November 7, 2025, and the revised settlement date is November 10, 2025. This circular updates the earlier notice (20251013-8) with new settlement timelines.
Key Points
- Settlement Number: 2025101
- Bid Period: October 14, 2025 to October 29, 2025
- Revised Obligation Download: November 7, 2025
- Revised Settlement Date: November 10, 2025
- Demat shares must be delivered only through Early Pay-in of Shares mechanism
- Market Type “Takeover” and Settlement No. 2025101 to be used in depository system
- Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
Regulatory Changes
No new regulatory changes introduced. This circular implements revised timelines under the existing Mechanism for acquisition of shares through Stock Exchange as per guidelines referenced in Notice No. 20200528-32 dated May 28, 2020.
Compliance Requirements
- Members/Custodians: Must use Early Pay-in of Shares mechanism available in both depositories for delivering demat shares
- Members/Custodians: Must specify Market Type “Takeover” and Settlement No. 2025101 in the depository system along with other details
- Members: Must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
- Members/Custodians: Should refer to Notice No. 20200528-32 dated May 28, 2020 regarding settlement as per Revised Guidelines
Important Dates
| Event | Date |
|---|---|
| Bid Start Date | October 14, 2025 |
| Bid End Date | October 29, 2025 |
| Revised Obligation Download | November 7, 2025 |
| Revised Settlement Date | November 10, 2025 |
| Circular Issue Date | November 6, 2025 |
Impact Assessment
Market Impact: Limited to shareholders and trading members involved in the ANKA INDIA LIMITED takeover transaction. The revision provides additional time for settlement processing.
Operational Impact: Trading members and custodians need to ensure they meet the revised settlement timeline and comply with the Early Pay-in mechanism requirements. The two-day extension (from previously scheduled dates) provides additional time for obligation fulfillment.
Stakeholder Impact: Shareholders participating in the takeover offer should note the revised settlement date for receiving proceeds. Acquiring entity should prepare for settlement on November 10, 2025.
Contact: For clarifications, members and custodians can contact ICCL Help Desk at 022-69158590/45720490/45720690 or email iccl.helpdesk@icclindia.com
Impact Justification
Revised settlement dates for a specific takeover transaction affecting shareholders of ANKA INDIA LIMITED. Medium impact as it affects specific transaction timeline but is limited to one company.