Description
Updated settlement calendar for the takeover offer of Morganite Crucible India Ltd conducted from December 31, 2025 to January 13, 2026, with revised obligation download and settlement dates.
Summary
BSE has revised the settlement schedule for the Offer to Buy under Acquisition Window (Takeover) for Morganite Crucible India Ltd. The takeover bidding period was conducted from December 31, 2025 to January 13, 2026 (Settlement No. 2025137). The revised obligation download date is January 22, 2026, and the revised settlement date is January 23, 2026.
Key Points
- Settlement Type: Takeover (Settlement No. 2025137)
- Bid Period: December 31, 2025 to January 13, 2026
- Revised Obligation Download Date: January 22, 2026
- Revised Settlement Date: January 23, 2026
- Demat shares must be delivered only through Early Pay-in of Shares mechanism available in both depositories
- Market Type “(Takeover)” and Settlement No. 2025137 to be used in depository system
- Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Regulatory Changes
This circular provides revised dates for an existing takeover settlement, updating the previous notice (No. 20251229-4). No new regulatory framework changes are introduced.
Compliance Requirements
- Members and Custodians must deliver demat shares exclusively through Early Pay-in of Shares mechanism
- Members and Custodians must use Market Type “(Takeover)” and Settlement No. 2025137 in the depository system for this transaction
- Members must 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
- Members must check MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Important Dates
| Event | Date |
|---|---|
| Bid Start Date | December 31, 2025 |
| Bid End Date | January 13, 2026 |
| Revised Obligation Download Date | January 22, 2026 |
| Revised Settlement Date | January 23, 2026 |
Impact Assessment
This circular has medium impact, affecting members, custodians, and shareholders participating in the takeover offer for Morganite Crucible India Ltd. The revised settlement dates provide updated timelines for obligation fulfillment. Members need to ensure compliance with early pay-in requirements and proper use of settlement identifiers in depository systems. For clarifications, ICCL Help Desk can be contacted at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com.
Impact Justification
Revised settlement dates for a specific takeover offer affecting shareholders and members participating in the acquisition window for Morganite Crucible India Ltd.