Description
BSE announces settlement calendar for takeover offer of Premier Capital Services Limited from September 4-18, 2025 with settlement on September 26, 2025.
Summary
BSE announces the settlement schedule for the Offer to Buy - Acquisition Window (Takeover) for Premier Capital Services Limited. The takeover bidding window runs from September 4-18, 2025, with obligation download on September 25 and final settlement on September 26, 2025.
Key Points
- Settlement Type: Takeover with Settlement No. 2025079
- Bid Period: September 4-18, 2025
- Obligation Download: September 25, 2025
- Settlement Date: September 26, 2025
- Demat shares must be delivered through Early Pay-in mechanism only
- Market Type “(Takeover)” and settlement number 2025079 to be used in depository systems
Regulatory Changes
No new regulatory changes introduced. Process follows existing BSE guidelines for acquisition of shares through stock exchange as per Notice No.20200528-32 dated May 28, 2020.
Compliance Requirements
- Members/Custodians must use Early Pay-in of Shares mechanism available in both depositories
- Securities must be earmarked/blocked in clients’ accounts with requisite market type and settlement number
- Early pay-in effect must be reflected in BSE/ICCL systems before prescribed bidding timelines
- No EPN file upload required for CDSL & NSDL early pay-in securities
- Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Important Dates
- Bid Start Date: September 4, 2025
- Bid End Date: September 18, 2025
- Obligation Download: September 25, 2025
- Settlement Date: September 26, 2025
Impact Assessment
Medium impact limited to Premier Capital Services Limited shareholders and trading members involved in the takeover process. The 15-day bidding window provides adequate time for participation. Early pay-in requirements ensure settlement efficiency and reduce counterparty risk.
Impact Justification
Company-specific takeover with defined settlement process affecting shareholders and trading members