Description

Settlement calendar for acquisition of shares of COVIDH Technologies Limited through takeover mechanism from December 23, 2025 to January 6, 2026.

Summary

BSE has announced the settlement calendar for the Offer to Buy shares of COVIDH Technologies Limited through the Acquisition Window (Takeover mechanism). The bidding window will remain open from December 23, 2025 to January 6, 2026, with settlement number 2025133. Obligation download is scheduled for January 19, 2026 and final settlement on January 20, 2026.

Key Points

  • Settlement Type: Takeover
  • Settlement Number: 2025133
  • Bid Start Date: December 23, 2025
  • Bid End Date: January 6, 2026
  • Demat shares must be delivered only through Early Pay-in of Shares mechanism available in both depositories
  • Market Type “(Takeover)” and settlement number 2025133 must be used in depository system
  • Securities will be earmarked/blocked in clients’ accounts in requisite market type and settlement number
  • Members and Custodians are NOT required to upload any EPN file
  • 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 acquisition framework as per Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange (Notice No.20200528-32 dated May 28, 2020).

Compliance Requirements

  • Participants must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids on BSE OTB platform
  • Complete early pay-in process in Depository system sufficiently in advance before closure of BSE OTB Bidding window
  • Use correct Market Type “(Takeover)” and Settlement No. 2025133 in depository system
  • CDSL & NSDL early pay-in securities will be automatically earmarked/blocked - no manual EPN file upload required

Important Dates

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

Impact Assessment

This circular has limited market-wide impact as it pertains specifically to the takeover process for COVIDH Technologies Limited. Only shareholders of this company and trading members/custodians participating in the acquisition window are affected. The settlement mechanism follows standard BSE takeover procedures with early pay-in requirements to ensure smooth delivery of demat shares.

Impact Justification

Company-specific takeover settlement schedule affecting only shareholders and members participating in the acquisition of COVIDH Technologies Limited shares.