Description

Settlement calendar for the takeover offer of Morganite Crucible India Ltd through acquisition window from December 31, 2025 to January 13, 2026.

Summary

BSE has announced the settlement calendar for the Offer to Buy through Acquisition Window (Takeover) for MORGANITE CRUCIBLE INDIA LTD. The bidding window will be open from December 31, 2025 to January 13, 2026, with settlement number 2025137. Demat shares must be delivered through the Early Pay-in mechanism, and members/custodians must ensure securities are reflected in BSE/ICCL systems before prescribed timelines.

Key Points

  • Settlement Type: Takeover (Settlement No. 2025137)
  • Bid Period: December 31, 2025 to January 13, 2026
  • Obligation Download: January 27, 2026
  • Settlement Date: January 28, 2026
  • Demat shares must be delivered only through Early Pay-in of Shares mechanism
  • Market Type “Takeover” and Settlement No. 2025137 must be used in depository system
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in clients’ accounts
  • 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 follows the Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange as per Notice No.20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members/Custodians must complete early pay-in process sufficiently in advance before BSE OTB bidding window closure
  • Ensure early pay-in securities effect is reflected in BSE/ICCL systems before prescribed timelines for bid acceptance/confirmation
  • Use correct Market Type “Takeover” and Settlement No. 2025137 in depository system
  • Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for stamp duty charges
  • Contact ICCL Help Desk (022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com) for clarifications

Important Dates

  • Bid Start Date: December 31, 2025
  • Bid End Date: January 13, 2026
  • Obligation Download: January 27, 2026
  • Settlement Date: January 28, 2026

Impact Assessment

This takeover offer impacts shareholders of Morganite Crucible India Ltd who wish to participate in the acquisition window. Trading members and custodians must ensure proper early pay-in procedures are followed with adequate lead time. The settlement schedule provides clear timelines for all participants. Impact is company-specific and procedural in nature, affecting only those involved in the takeover transaction.

Impact Justification

Company-specific takeover settlement schedule with defined timelines for members and custodians. Medium impact limited to shareholders and trading members of Morganite Crucible India Ltd.