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NOTICES
Notice No.   20241212-2   Notice Date   12 Dec 2024
Category   Settlement/RMS   Segment   General
Subject   Settlement Schedule Offer to Buy – Acquisition Window (Takeover) for KOTHARI INDUSTRIAL CORPORATION LIMITED.
 
Content

 

Settlement calendar pertaining to Offer to Buy – Acquisition Window (Takeover) KOTHARI INDUSTRIAL CORPORATION LIMITED, to be conducted from 13/12/2024 to 27/12/2024 is as under:

 

Settlement Type

Settlement No.

Bid Start Date

Bid End Date

Obligation Download

Settlement Date

Takeover

2024131

13/12/2024

27/12/2024

09/01/2025

10/01/2025

 

Additional Points:

·         Demat shares should be delivered only through the Early Pay-in of Shares mechanism, which is available in both the depositories. In addition to the other details, the Market Type “(Takeover)” and settlement No.2024131 are to be used by Members/Custodians in the depository system.

·         Members/Custodians are requested to 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.

      

Early Pay-in for Offer to Buy – Acquisition Window (Takeover) KOTHARI INDUSTRIAL CORPORATION LIMITED.

Participants must ensure that the effect of their early pay-in of securities is reflected in BSE/ICCL systems before the prescribed timelines for accepting/confirmation of Bids by the BSE OTB platform. For this purpose, they must complete the process of early pay-in of securities in the Depository system sufficiently in advance before the prescribed timelines for closure of BSE OTB Bidding window for placing the bids by members and confirmation window for confirming the Bids by Custodians

 

In case of CDSL, early pay-in will be required to be done by clients directly to the early pay-in account of the member/custodians and in case of NSDL early pay-in securities will be earmarked / blocked in clients account, client will execute instructions for transfer of security to the member’s NSDL pool a/c in requisite market type and settlement number.

 

Members & Custodians are NOT required to upload any EPN file for the same.

 

Members are requested to refer MBRSTD_OTB_CM_mmm_SettNo file for client wise Stamp Duty charges.

 

For any further clarifications, Members & Custodians may contact their relationship managers or ICCL Help Desk: -

Name of Official

Contact Number

Email ID

ICCL Help Desk

022-69158590/45720490/ 45720690

iccl.helpdesk@icclindia.com

 

From Indian Clearing Corporation Ltd.

 

Atharva Naik                                                   Mrunal Amberkar

Senior Officer                                                  Senior Manager

 

December 12, 2024