Description

Updated settlement calendar for the takeover acquisition window of ANKA INDIA LIMITED conducted from October 14-29, 2025, with revised 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 acquisition window was conducted from October 14-29, 2025 (Settlement No. 2025101), with updated obligation download date of November 7, 2025 and revised settlement date of November 10, 2025. This circular supersedes Notice No. 20251013-8.

Key Points

  • Settlement Type: Takeover (Settlement No. 2025101)
  • Bid Period: October 14, 2025 to October 29, 2025
  • Revised Obligation Download Date: November 7, 2025
  • Revised Settlement Date: November 10, 2025
  • Demat shares must be delivered through Early Pay-in of Shares mechanism available in both depositories
  • Members/Custodians must use Market Type “Takeover” and Settlement No. 2025101 in depository systems
  • Client-wise stamp duty charges available in MBRSTD_OTB_CM_mmm_SettNo file

Regulatory Changes

No new regulatory changes introduced. This circular revises previously announced settlement dates for an ongoing takeover transaction as per existing guidelines for acquisition of shares through Stock Exchange (referenced in Notice No. 20200528-32 dated May 28, 2020).

Compliance Requirements

  • Members/Custodians: Must deliver demat shares exclusively through Early Pay-in of Shares mechanism
  • Members/Custodians: Must specify Market Type “Takeover” and Settlement No. 2025101 when using depository systems
  • 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 for revised guidelines on acquisition mechanism

Important Dates

  • Bid Start Date: October 14, 2025
  • Bid End Date: October 29, 2025
  • Revised Obligation Download Date: November 7, 2025
  • Revised Settlement Date: November 10, 2025

Impact Assessment

Operational Impact: Members and custodians handling ANKA INDIA LIMITED shares in this takeover transaction must adjust their settlement processes to accommodate the revised dates. The two-day extension (from originally planned dates) provides additional time for obligation processing.

Market Impact: Limited to participants in this specific takeover transaction. No broader market-wide implications.

Member Action Required: Members need to update internal settlement calendars, ensure early pay-in mechanisms are properly utilized, and verify stamp duty calculations using the specified file. ICCL Help Desk support is available for clarifications (022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com).

Impact Justification

Revised settlement dates for a specific takeover transaction affecting members/custodians dealing with ANKA INDIA LIMITED shares; impacts operational timelines but limited to specific transaction participants