Description

BSE revises settlement calendar for takeover offer of Shamrock Industrial Company Limited conducted from October 30 to November 13, 2025, with new obligation download and settlement dates.

Summary

BSE has issued a revised settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for SHAMROCK INDUSTRIAL COMPANY LIMITED. The takeover offer was conducted from October 30, 2025 to November 13, 2025. This revision updates the obligation download date to November 19, 2025 and the settlement date to November 20, 2025.

Key Points

  • Settlement Type: Takeover
  • Settlement Number: 2025112
  • Bid Period: October 30, 2025 to November 13, 2025
  • Revised Obligation Download Date: November 19, 2025
  • Revised Settlement Date: November 20, 2025
  • Reference: Notice No. 20251029-8
  • Demat shares must be delivered only through Early Pay-in of Shares mechanism
  • Both depositories support the Early Pay-in mechanism

Regulatory Changes

No new regulatory changes introduced. This circular revises previously announced settlement dates for an ongoing takeover offer.

Compliance Requirements

  • Members/Custodians must use Market Type “(Takeover)” and Settlement No. 2025112 in the depository system
  • Demat shares delivery must be made exclusively through Early Pay-in of Shares mechanism available in both depositories
  • 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 for settlement guidelines per Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange

Important Dates

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

Impact Assessment

This revised schedule impacts trading members, custodians, and participants involved in the Shamrock Industrial Company Limited takeover offer. The two-day extension from the original schedule provides participants additional time to prepare for obligation downloads and settlement. Members must ensure compliance with the Early Pay-in mechanism and proper use of settlement identifiers in depository systems. For clarifications, participants can contact ICCL Help Desk at 022-69158590/45720490/45720690 or email iccl.helpdesk@icclindia.com.

Impact Justification

Revised settlement schedule affects participants in the takeover offer for Shamrock Industrial Company Limited with updated obligation and settlement dates