Description

Settlement calendar for the Offer to Buy through Acquisition Window (Takeover) for COVIDH TECHNOLOGIES LIMITED, to be conducted from December 23, 2025 to January 6, 2026.

Summary

BSE has announced the settlement calendar for the Offer to Buy through Acquisition Window (Takeover) for COVIDH TECHNOLOGIES LIMITED. The bidding window will be open from December 23, 2025 to January 6, 2026, with settlement number 2025133. Members and custodians must follow early pay-in procedures through depositories for delivering demat shares.

Key Points

  • Settlement Type: Takeover (Settlement No. 2025133)
  • Bid Period: December 23, 2025 to January 6, 2026
  • Obligation Download Date: January 19, 2026
  • Settlement Date: January 20, 2026
  • Demat shares must be delivered only through Early Pay-in of Shares mechanism available in both depositories
  • Market Type “(Takeover)” and Settlement No. 2025133 to be used in depository systems
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in clients’ accounts
  • Members NOT required to upload EPN file
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Regulatory Changes

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

Compliance Requirements

  • Members/Custodians: Must complete early pay-in of securities in the Depository system sufficiently in advance before prescribed timelines
  • Members/Custodians: Must ensure effect of early pay-in is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids on BSE OTB platform
  • Members/Custodians: Must use Market Type “(Takeover)” and Settlement No. 2025133 in depository system
  • Members: Must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
  • Participants: Must complete early pay-in before closure of BSE OTB Bidding window for placing bids and confirmation window for custodians

Important Dates

  • December 23, 2025: Bid Start Date
  • January 6, 2026: Bid End Date
  • January 19, 2026: Obligation Download Date
  • January 20, 2026: Settlement Date

Impact Assessment

Market Impact: Limited to participants in the takeover offer for COVIDH TECHNOLOGIES LIMITED. The structured settlement process ensures orderly acquisition through the stock exchange platform.

Operational Impact: Members and custodians participating in this takeover must ensure timely early pay-in of securities with proper settlement number and market type identification. Early completion of depository processes is critical to meet bidding and confirmation deadlines.

Contact for Queries: ICCL Help Desk (022-69158590/45720490/45720690, iccl.helpdesk@icclindia.com) or relationship managers for clarifications.

Impact Justification

Company-specific takeover settlement schedule with defined procedures for members and custodians participating in the acquisition window