Description

Settlement calendar for ECLERX SERVICES LTD buyback via acquisition window on BSE, to be conducted from December 22, 2025 to December 29, 2025.

Summary

BSE has published the settlement calendar for ECLERX SERVICES LTD buyback through the Offer to Buy – Acquisition Window mechanism. The buyback bidding window will operate from December 22, 2025 to December 29, 2025, with settlement number 2025132. Obligation download is scheduled for January 1, 2026 and final settlement on January 2, 2026.

Key Points

  • Settlement Type: Buyback (Acquisition Window)
  • Settlement Number: 2025132
  • Bid Start Date: December 22, 2025
  • Bid End Date: December 29, 2025
  • Obligation Download: January 1, 2026
  • Settlement Date: January 2, 2026
  • Company: ECLERX SERVICES LTD
  • Demat shares must be delivered through Early Pay-in of Shares mechanism only
  • Market Type “Buyback” and settlement number 2025132 must be used in depository system
  • Securities will be earmarked/blocked in clients’ accounts in requisite market type and settlement number
  • No EPN file upload required by Members and Custodians
  • Members can refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Regulatory Changes

No new regulatory changes. This circular follows the Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange as referenced in Notice No.20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members/Custodians: Must deliver demat shares only through Early Pay-in of Shares mechanism available in both depositories (CDSL and NSDL)
  • Members/Custodians: Must use Market Type “Buyback” and settlement number 2025132 in the depository system
  • Participants: Must ensure early pay-in securities are reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids
  • Participants: Must complete early pay-in process in depository system sufficiently in advance before closure of BSE OTB bidding window
  • Members: Should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
  • Early pay-in securities will be automatically earmarked/blocked in clients’ accounts; no EPN file upload required

Important Dates

  • December 19, 2025: Circular notice date
  • December 22, 2025: Bid start date (buyback window opens)
  • December 29, 2025: Bid end date (buyback window closes)
  • January 1, 2026: Obligation download date
  • January 2, 2026: Final settlement date

Impact Assessment

Market Impact: Medium - affects ECLERX SERVICES LTD shareholders wishing to participate in the buyback and trading members facilitating the process.

Operational Impact: Medium - Members and Custodians must ensure proper use of early pay-in mechanism and correct market type/settlement number in depository systems. The automatic earmarking/blocking of securities simplifies the process by eliminating EPN file upload requirements.

Investor Impact: Medium - provides clear timeline for ECLERX shareholders to tender shares in the buyback offer through the acquisition window mechanism.

Contact Information: For clarifications, members and custodians may contact ICCL Help Desk at 022-69158590/45720490/45720690 or email iccl.helpdesk@icclindia.com

Impact Justification

Standard buyback settlement schedule affecting ECLERX shareholders and trading members participating in the acquisition window process