Description

Settlement calendar for the acquisition window (takeover) of J.B. Chemicals & Pharmaceuticals Limited to be conducted from November 18, 2025 to December 1, 2025.

Summary

BSE has announced the settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for J.B. Chemicals & Pharmaceuticals Limited. The acquisition window will be open from November 18, 2025 to December 1, 2025, with settlement number 2025121. The obligation download date is December 12, 2025, and the final settlement date is December 15, 2025.

Key Points

  • Settlement Type: Takeover (Settlement No. 2025121)
  • Bid Period: November 18, 2025 to December 1, 2025
  • Demat shares must be delivered only through Early Pay-in of Shares mechanism available in both depositories
  • Market Type “(Takeover)” and settlement number 2025121 must be used in depository systems
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in clients’ accounts
  • Members are NOT required to upload any EPN file
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges

Regulatory Changes

Members and Custodians must 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.

Compliance Requirements

  • Members/Custodians must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirmation of bids
  • Early pay-in process must be completed sufficiently in advance before BSE OTB Bidding window closure
  • Participants must complete early pay-in before prescribed timelines for:
    • Placing bids by members
    • Confirmation window for confirming bids by Custodians
  • Use requisite market type and settlement number in depository systems

Important Dates

  • Bid Start Date: November 18, 2025
  • Bid End Date: December 1, 2025
  • Obligation Download: December 12, 2025
  • Settlement Date: December 15, 2025

Impact Assessment

This takeover acquisition window impacts shareholders of J.B. Chemicals & Pharmaceuticals Limited who wish to tender their shares. Trading members and custodians must follow specific early pay-in procedures to ensure smooth settlement. The 14-day bidding window provides adequate time for shareholders to participate in the acquisition. Members need to coordinate with ICCL Help Desk (Contact: 022-69158590/45720490/45720690, Email: iccl.helpdesk@icclindia.com) for any clarifications on the settlement process.

Impact Justification

Settlement schedule for takeover acquisition window affecting J.B. Chemicals shareholders and trading members. Specific procedural requirements for share delivery through early pay-in mechanism.