Description
NSE Clearing provides settlement calendar and instructions for Bajaj Consumer Care Limited's buyback offer under tender offer scheme.
Summary
NSE Clearing Limited has issued the settlement calendar for Bajaj Consumer Care Limited’s buyback offer under the tender offer scheme. The trading window runs from September 11-17, 2025, with settlement on September 24, 2025.
Key Points
- Settlement Type: X, Settlement No: 2025085
- Trade period: September 11-17, 2025
- Obligation download: September 23, 2025
- Settlement date: September 24, 2025
- Demat shares must be tendered through early pay-in mechanism
- Early pay-in deadline: 3:30 PM on trade end date
- Securities Transaction Tax (STT) will be collected on settlement day
Regulatory Changes
No regulatory changes introduced - this circular provides operational instructions for an existing buyback framework.
Compliance Requirements
- Members must use early pay-in mechanism for Market Type Buyback
- Early pay-in of shares must be completed well in advance by 3:30 PM on September 17, 2025
- Securities and funds pay-out will be made after receipt of funds pay-in on settlement day
- Members must refer to the scheme document for complete details
Important Dates
- September 11, 2025: Trade start date
- September 17, 2025: Trade end date, early pay-in deadline (3:30 PM)
- September 23, 2025: Obligation download
- September 24, 2025: Settlement date
Impact Assessment
Medium impact limited to Bajaj Consumer Care Limited shareholders and trading members. The circular provides clear operational guidelines for the buyback process, including detailed rejection codes for various scenarios. Settlement schedule may be revised in case of delays from RTA or buying trading members.
Impact Justification
Important for shareholders participating in buyback but limited to single company