Description

BSE revises settlement schedule for the takeover offer to buy shares of Shree Pacetronix Limited, with new obligation download and settlement dates of November 18-19, 2025.

Summary

BSE has issued a revised settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for SHREE PACETRONIX LIMITED. The bid period ran from October 31, 2025 to November 14, 2025, with revised obligation download and settlement dates now set for November 18-19, 2025. This notice replaces the earlier schedule announced in Notice No. 20251030-1.

Key Points

  • Settlement Type: Takeover (Settlement No. 2025114)
  • Bid Period: October 31, 2025 to November 14, 2025
  • Revised Obligation Download Date: November 18, 2025
  • Revised Settlement Date: November 19, 2025
  • Demat shares must be delivered through Early Pay-in of Shares mechanism available in both depositories
  • Market Type “(Takeover)” and settlement number 2025114 must be used in depository systems
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Regulatory Changes

This circular does not introduce new regulatory changes but implements revised timelines for an existing takeover process. Members and custodians must follow the Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange as outlined in Notice No. 20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members and custodians must use the Early Pay-in of Shares mechanism for demat share delivery
  • Members and custodians must specify Market Type “(Takeover)” and Settlement No. 2025114 in depository systems
  • Members must reference the MBRSTD_OTB_CM_mmm_SettNo file for accurate client-wise stamp duty charge calculations
  • Participants should contact their relationship managers or ICCL Help Desk (022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com) for clarifications

Important Dates

  • October 31, 2025: Bid start date
  • November 14, 2025: Bid end date
  • November 18, 2025: Revised obligation download date
  • November 19, 2025: Revised settlement date

Impact Assessment

This revision impacts members and custodians participating in the takeover offer for Shree Pacetronix Limited. The two-day extension for obligation download and settlement provides additional processing time. Market participants must update their internal systems and processes to reflect the new dates. The impact is limited to entities involved in this specific takeover transaction and does not affect broader market operations.

Impact Justification

Revised settlement schedule affects members and custodians involved in the takeover offer for Shree Pacetronix Limited, requiring updated processing dates