Description

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

Summary

BSE has announced the settlement calendar for the Offer to Buy - 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. The obligation download date is January 27, 2026, and the settlement date is January 28, 2026.

Key Points

  • Settlement Type: Takeover (Settlement No. 2025137)
  • Bidding Period: December 31, 2025 to January 13, 2026
  • Demat shares must be delivered only through Early Pay-in of Shares mechanism available in both depositories
  • Market Type “Takeover” and settlement number 2025137 must be used by Members/Custodians in the depository system
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in clients’ accounts
  • No EPN file upload required by Members & Custodians
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Regulatory Changes

Members and custodians must follow the revised guidelines of mechanism for acquisition of shares through Stock Exchange as per 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
  • Process of early pay-in must be completed sufficiently in advance before the closure of BSE OTB Bidding window
  • Members must place bids within the bidding window
  • Custodians must confirm bids within the confirmation window
  • Members should check MBRSTD_OTB_CM_mmm_SettNo file for stamp duty charges

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 to buy acquisition window impacts shareholders of Morganite Crucible India Ltd. who wish to tender their shares, as well as trading members and custodians who must facilitate the early pay-in process. The scheduled settlement process provides a clear timeline for all participants to complete their obligations. Members and custodians need to ensure timely submission of securities through the depository system to meet the bidding and confirmation deadlines.

Impact Justification

Company-specific takeover settlement schedule affecting shareholders and trading members of Morganite Crucible India Ltd.