Description

Settlement calendar for takeover offer to buy acquisition window for COVIDH TECHNOLOGIES LIMITED from December 23, 2025 to January 6, 2026.

Summary

BSE has announced the settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for COVIDH TECHNOLOGIES LIMITED. The takeover window will be conducted from December 23, 2025 to January 6, 2026, with settlement number 2025133. The obligation download date is January 19, 2026 and settlement date is January 20, 2026.

Key Points

  • Settlement Type: Takeover (Settlement No. 2025133)
  • Bidding Window: December 23, 2025 to January 6, 2026
  • Obligation Download: 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 by Members/Custodians in depository system
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in clients account
  • Members & Custodians 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. Members/Custodians are requested to refer to 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

  • Participants must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirmation of Bids by BSE OTB platform
  • Complete early pay-in process in Depository system sufficiently in advance before prescribed timelines for:
    • Closure of BSE OTB Bidding window for placing bids by members
    • Confirmation window for confirming Bids by Custodians
  • Use correct Market Type “(Takeover)” and Settlement No. 2025133 in depository system
  • Refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges

Important Dates

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

Impact Assessment

This circular has limited market-wide impact as it relates to a specific takeover offer for COVIDH TECHNOLOGIES LIMITED. Impact is confined to:

  • Members and custodians participating in the acquisition window
  • Shareholders of COVIDH TECHNOLOGIES LIMITED wishing to tender shares
  • Settlement and clearing operations for this specific corporate action

The procedural nature of the circular provides settlement timeline clarity for market participants involved in this takeover offer. For assistance, members and custodians can contact ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com.

Impact Justification

Company-specific takeover settlement schedule with limited market-wide impact, primarily procedural for members and custodians participating in the acquisition window