Description
Settlement calendar for Premier Capital Services Limited takeover offer to be conducted from September 4-18, 2025 with settlement on September 26, 2025.
Summary
BSE announces settlement calendar for the takeover offer of Premier Capital Services Limited, scheduled from September 4-18, 2025, with settlement on September 26, 2025 under settlement number 2025079.
Key Points
- Bid period: September 4-18, 2025
- Obligation download: September 25, 2025
- Settlement date: September 26, 2025
- Settlement number: 2025079
- Demat shares must be delivered through Early Pay-in mechanism
- Market type designation: “Takeover”
Regulatory Changes
No new regulatory changes introduced - follows existing revised guidelines 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 systems
- Complete early pay-in process sufficiently in advance of 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 and 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
Routine takeover settlement process affecting shareholders and trading members of Premier Capital Services Limited. Standard operational impact with established procedures for early pay-in and settlement mechanisms through both depositories (CDSL and NSDL).
Impact Justification
Standard takeover settlement procedure with specific timelines for market participants