NSE has announced the settlement calendar for the Offer for Sale (OFS) of Mazagon Dock Shipbuilders Ltd.
Here’s what you need to know:
Key OFS Dates
Non-Retail Investors (Institutional Segment - IS):
- April 4, 2025 (T Day)
- April 7, 2025 (T+1 Day) - For carry-forward bids
Retail Investors (Retail Segment - RS):
- April 7, 2025 (T+1 Day)
Settlement Schedule
- Non-Retail (H, T categories): April 7 & 8, 2025
- Retail (H, T categories): April 8, 2025
Margin Requirements
- H Category: 100% upfront margin
- T Category: 0% upfront margin, but requires custodial confirmation by 6 PM on April 4.
You can read the full NSE circular here.