Description
NSE Clearing announces settlement calendar and procedures for Bohra Industries Limited takeover offer under tender offer scheme.
Summary
NSE Clearing Limited has announced the settlement calendar and detailed procedures for the takeover offer under tender offer scheme of Bohra Industries Limited. The offer will run from July 31, 2025 to August 13, 2025, with settlement scheduled for August 25, 2025.
Key Points
- Trade period: July 31, 2025 to August 13, 2025
- Settlement number: 2025065
- Obligation download: August 22, 2025
- Final settlement date: August 25, 2025
- Early pay-in of demat shares required through depositories
- Securities Transaction Tax (STT) applicable on settlement day
- Comprehensive rejection codes provided for order processing
Regulatory Changes
No new regulatory changes introduced. This circular provides operational guidelines for implementing the previously announced takeover offer scheme.
Compliance Requirements
- Members must use early pay-in mechanism for demat shares through depositories
- Early pay-in of shares must be completed by 3:30 PM on trade end date
- Members must refer to original scheme document for complete details
- Contact help desk for clarifications at ncl_tenderoffer@nsccl.co.in or toll-free 1800 266 00 50
Important Dates
- July 31, 2025: Trade start date
- August 13, 2025: Trade end date (early pay-in deadline 3:30 PM)
- August 22, 2025: Obligation download date
- August 25, 2025: Settlement date
Impact Assessment
This circular affects Bohra Industries Limited shareholders participating in the takeover offer and NSE trading members facilitating the transactions. The detailed settlement calendar and rejection codes provide operational clarity for smooth execution of the tender offer process. Impact is moderate as it relates to a specific company’s takeover offer rather than broad market changes.
Impact Justification
Specific settlement procedures for takeover offer affecting Bohra Industries shareholders and trading members