Description
Settlement calendar for acquisition window takeover of Premier Capital Services Limited from September 4-18, 2025.
Summary
BSE has announced the settlement schedule for the takeover offer of Premier Capital Services Limited through acquisition window, running from September 4-18, 2025. The settlement involves specific procedures for demat share delivery through early pay-in mechanisms.
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 only
- Market type designation: “Takeover” with settlement number 2025079
Regulatory Changes
No new regulatory changes introduced. Process follows existing 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 will be earmarked/blocked in clients’ accounts with requisite market type and settlement number
- No EPN file upload required
- Early pay-in must be completed sufficiently in advance of BSE OTB platform deadlines
- Members to refer 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
Limited impact as this affects only Premier Capital Services Limited takeover participants. Operational guidance ensures smooth settlement process for members and custodians involved in the acquisition window.
Impact Justification
Specific to one company's takeover settlement process with clear operational guidelines