Description

BSE announces revised settlement schedule for the Offer to Buy - Acquisition Window (Takeover) for Shamrock Industrial Company Limited, with new obligation download and settlement dates.

Summary

BSE has issued a revised settlement schedule for the Offer to Buy - Acquisition Window (Takeover) for Shamrock Industrial Company Limited. The takeover bid period ran from October 30, 2025 to November 13, 2025, with revised obligation download date of November 19, 2025 and revised settlement date of November 20, 2025 (Settlement No. 2025112).

Key Points

  • Settlement Type: Takeover (Settlement No. 2025112)
  • Bid Period: October 30, 2025 to November 13, 2025
  • Revised Obligation Download Date: November 19, 2025
  • Revised Settlement Date: November 20, 2025
  • Demat shares must be delivered through Early Pay-in of Shares mechanism available in both depositories
  • Market Type “(Takeover)” and Settlement No. 2025112 to be used in depository system
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Regulatory Changes

This circular revises the settlement calendar previously announced in Notice No. 20251029-8 for the Shamrock Industrial Company Limited takeover offer, updating the obligation download and settlement dates.

Compliance Requirements

  • Members and Custodians must deliver demat shares only through the Early Pay-in of Shares mechanism
  • Members and Custodians must use Market Type “(Takeover)” and Settlement No. 2025112 in the depository system
  • Members 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
  • Members must consult MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
  • For clarifications, contact ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com

Important Dates

  • Bid Start Date: October 30, 2025
  • Bid End Date: November 13, 2025
  • Revised Obligation Download Date: November 19, 2025
  • Revised Settlement Date: November 20, 2025

Impact Assessment

This revision affects members and custodians participating in the Shamrock Industrial Company Limited takeover offer. Participants must ensure compliance with the revised timeline for obligation download and settlement. The use of Early Pay-in mechanism is mandatory for demat share delivery, and proper reference to settlement number and market type in depository systems is required for successful processing.

Impact Justification

Revised settlement schedule affects participants in the Shamrock Industrial takeover offer with updated obligation download and settlement dates, requiring timely action from members and custodians.