Description

Revised settlement calendar for takeover offer to buy HARI GOVIND INTERNATIONAL LIMITED conducted from 16/10/2025 to 31/10/2025 with new obligation download and settlement dates.

Summary

BSE has issued a revised settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for HARI GOVIND INTERNATIONAL LIMITED (Settlement No. 2025100). The takeover bid period ran from October 16, 2025 to October 31, 2025. The revised obligation download date is November 10, 2025, and the revised settlement date is November 11, 2025.

Key Points

  • Settlement Number: 2025100
  • Bid Period: October 16, 2025 to October 31, 2025
  • Revised Obligation Download Date: November 10, 2025
  • Revised Settlement Date: November 11, 2025
  • Demat shares must be delivered only through Early Pay-in of Shares mechanism
  • Market Type “Takeover” to be used in depository system along with settlement number
  • Reference to previous Notice No. 20251013-7

Regulatory Changes

This circular revises the settlement calendar previously announced in Notice No. 20251013-7. The obligation download and settlement dates have been rescheduled from the original timeline.

Compliance Requirements

  • Members/Custodians must deliver demat shares only through Early Pay-in of Shares mechanism available in both depositories
  • Members/Custodians must use Market Type “Takeover” and Settlement No. 2025100 in the depository system
  • Members should 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 of Mechanism for acquisition of shares through Stock Exchange

Important Dates

  • Bid Start Date: October 16, 2025
  • Bid End Date: October 31, 2025
  • Revised Obligation Download: November 10, 2025
  • Revised Settlement Date: November 11, 2025
  • Notice Date: November 7, 2025

Impact Assessment

This revision affects members and custodians involved in the takeover offer for HARI GOVIND INTERNATIONAL LIMITED. The postponement of obligation download and settlement dates provides additional time for processing. Members must ensure compliance with the Early Pay-in mechanism and proper use of settlement identifiers in the depository system. For clarifications, members can contact ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com.

Impact Justification

Revised settlement schedule affects specific takeover settlement timeline for HARI GOVIND INTERNATIONAL LIMITED, impacting members and custodians involved in this acquisition window with updated obligation and settlement dates.