Description
Settlement schedule for takeover acquisition window for Premier Capital Services Limited from September 4-18, 2025.
Summary
BSE has announced the settlement schedule for the takeover acquisition window for Premier Capital Services Limited, to be conducted from September 4-18, 2025. The settlement involves early pay-in mechanisms through depositories with specific timelines for bid submission and confirmation.
Key Points
- Takeover settlement number: 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
- Available in both CDSL and NSDL depositories
Regulatory Changes
Participants must follow the Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange as per Notice No.20200528-32 dated May 28, 2020.
Compliance Requirements
- Members/Custodians must use Market Type “(Takeover)” and settlement No.2025079 in depository system
- Early pay-in of securities must be completed sufficiently in advance before BSE OTB bidding window closure
- Securities will be earmarked/blocked in clients’ accounts with requisite market type and settlement number
- No EPN file upload required for Members & Custodians
- 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
This takeover process affects Premier Capital Services Limited shareholders and market participants involved in the acquisition. The structured settlement schedule ensures orderly processing of the takeover offer with clear timelines for all stakeholders. Members and custodians need to ensure compliance with early pay-in requirements to avoid settlement issues.
Impact Justification
Important for shareholders of Premier Capital Services participating in takeover process