Description

Settlement calendar for takeover acquisition window for SOMA PAPERS AND INDUSTRIES LIMITED from November 28, 2025 to December 11, 2025, with settlement on December 17, 2025.

Summary

BSE announces the settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for SOMA PAPERS AND INDUSTRIES LIMITED. The takeover bidding window will be open from November 28, 2025 to December 11, 2025, with settlement number 2025128. Obligation download is scheduled for December 16, 2025, and final settlement on December 17, 2025.

Key Points

  • Takeover acquisition window for SOMA PAPERS AND INDUSTRIES LIMITED
  • Settlement number: 2025128
  • Bidding period: November 28, 2025 to December 11, 2025 (14 days)
  • Demat shares must be delivered through Early Pay-in of Shares mechanism only
  • Market Type “Takeover” and settlement number 2025128 must be used in depository systems
  • Securities will be earmarked/blocked in clients’ accounts by CDSL & NSDL
  • No EPN file upload required by members and custodians
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Regulatory Changes

No new regulatory changes. This circular implements existing guidelines as per Notice No.20200528-32 dated May 28, 2020, regarding settlement under Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange.

Compliance Requirements

  • Members/Custodians: Must deliver demat shares only through Early Pay-in of Shares mechanism available in both depositories
  • Members/Custodians: Must use Market Type “Takeover” and settlement number 2025128 in depository system entries
  • Participants: Must ensure early pay-in securities are reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids on BSE OTB platform
  • Members/Custodians: Must complete early pay-in process sufficiently in advance before bidding window closure and confirmation window deadlines
  • Members: Should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
  • Contact: For clarifications, contact relationship managers or ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com

Important Dates

  • November 28, 2025: Bid start date (takeover window opens)
  • December 11, 2025: Bid end date (takeover window closes)
  • December 16, 2025: Obligation download date
  • December 17, 2025: Settlement date

Impact Assessment

Market Impact: Medium - This affects participants involved in the takeover of SOMA PAPERS AND INDUSTRIES LIMITED. The 14-day bidding window provides adequate time for shareholders to participate in the acquisition offer.

Operational Impact: Members and custodians must coordinate early pay-in of securities well in advance of bidding deadlines to ensure timely reflection in BSE/ICCL systems. The automatic earmarking/blocking by depositories reduces operational burden as no manual EPN file uploads are required. Participants should monitor the MBRSTD_OTB_CM_mmm_SettNo file for stamp duty charges applicable to their clients.

Impact Justification

Medium importance as this affects specific takeover transaction participants. Settlement schedule notification for acquisition window with defined timelines and procedures for members and custodians.