Description

NSE announces settlement schedule for Blue Jet Healthcare Limited's offer for sale with specific timelines for retail and non-retail categories.

Summary

NSE Clearing Limited has issued the settlement calendar for the Offer for Sale (OFS) of Blue Jet Healthcare Limited shares. The circular outlines specific settlement schedules for different categories of investors (retail and non-retail) with detailed timelines for order placement, confirmation, and settlement.

Key Points

  • Settlement follows existing secondary market transaction rules
  • Different settlement schedules for retail (RS) and non-retail (IS) categories
  • Multiple settlement numbers: 2025139 and 2025140
  • Varying margin requirements: 0% and 100% based on category
  • Specific custodial confirmation timelines provided

Settlement Schedule Details

Settlement 2025139 (Sep 10, 2025):

  • IS (Non Retail) 100% margin: Settlement on Sep 11, 2025
  • IS (Non Retail) 0% margin: Settlement on Sep 11, 2025

Settlement 2025140 (Sep 11, 2025):

  • RS (Retail) 100% margin: Settlement on Sep 12, 2025
  • IS (Non Retail) 100% margin: Settlement on Sep 12, 2025
  • IS (Non Retail) 0% margin: Settlement on Sep 12, 2025

Settlement Timings

  • Funds Pay-in: T+1 day by 11:00 AM
  • Securities & Funds Pay-out: T+1 day by 01:30 PM

Compliance Requirements

  • Members and custodians must adhere to specified settlement timelines
  • Securities transaction tax (STT) and stamp duty collection on respective settlement days
  • Custodial confirmation required at specified times (3:30 PM or 7:30 AM)

Important Dates

  • Order Date 1: September 10, 2025
  • Order Date 2: September 11, 2025
  • Settlement Dates: September 11-12, 2025
  • Contact Support: 1800 266 0050 (Option 2) or ofs_ncl@nsccl.co.in

Impact Assessment

This circular provides operational clarity for market participants involved in the Blue Jet Healthcare OFS, ensuring smooth settlement processes and proper fund/security movements according to established timelines.

Impact Justification

Specific settlement procedures for OFS affecting trading participants and investors