Description

BSE revises the settlement calendar for the takeover offer to buy through acquisition window for Shamrock Industrial Company Limited, with revised obligation download date of November 19, 2025 and settlement date of November 20, 2025.

Summary

BSE has issued a revised settlement schedule for the Offer to Buy through Acquisition Window (Takeover) for SHAMROCK INDUSTRIAL COMPANY LIMITED. The bidding period ran from October 30, 2025 to November 13, 2025 (Settlement No. 2025112). The revised obligation download date is November 19, 2025, and the revised settlement date is November 20, 2025. This notice supersedes the earlier Notice No. 20251029-8.

Key Points

  • Settlement Type: Takeover (Acquisition Window)
  • 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
  • Company: SHAMROCK INDUSTRIAL COMPANY LIMITED
  • Demat shares must be delivered through Early Pay-in of Shares mechanism available in both depositories
  • Members/Custodians must use Market Type “(Takeover)” and Settlement No. 2025112 in the depository system

Regulatory Changes

No new regulatory changes. This circular implements the existing revised guidelines for mechanism for acquisition of shares through Stock Exchange as per Notice No. 20200528-32 dated May 28, 2020.

Compliance Requirements

  • For Members/Custodians: Must deliver demat shares only through the Early Pay-in of Shares mechanism
  • System Requirements: Must specify Market Type “(Takeover)” and Settlement No. 2025112 in the depository system
  • Stamp Duty: Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
  • Reference Documentation: Members/Custodians should refer to Notice No. 20200528-32 dated May 28, 2020 for settlement guidelines

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
  • Original Notice Reference: Notice No. 20251029-8
  • Current Notice Date: November 17, 2025

Impact Assessment

Operational Impact: Members and custodians participating in the takeover offer for Shamrock Industrial Company Limited need to adjust their settlement timelines according to the revised schedule. The two-day extension provides additional time for obligation fulfillment.

Market Participants Affected: Brokers, custodians, and investors who have participated in the acquisition window for Shamrock Industrial Company Limited during the specified bidding period.

Process Impact: The mandatory use of Early Pay-in mechanism ensures smoother settlement and reduces settlement risk. Members must ensure proper coordination with their back-office systems to reflect the correct settlement number and market type.

Support Available: ICCL Help Desk available at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com for clarifications. Members can also contact their relationship managers.

Impact Justification

Revised settlement schedule for a specific company's takeover offer affects participants in this acquisition window but has limited broader market impact. Important for brokers and custodians handling this specific settlement.