Description

Settlement calendar for takeover offer to buy acquisition window for Shree Digvijay Cement Company Limited, scheduled from January 5-16, 2026 with settlement on February 2, 2026.

Summary

BSE has announced the settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for SHREE DIGVIJAY CEMENT COMPANY LIMITED. The bidding window will be open from January 5, 2026 to January 16, 2026, with obligation download on January 30, 2026 and final settlement on February 2, 2026. Settlement number 2026001 has been assigned for this takeover offer.

Key Points

  • Settlement Type: Takeover
  • Settlement Number: 2026001
  • Bid Start Date: January 5, 2026
  • Bid End Date: January 16, 2026
  • Obligation Download: January 30, 2026
  • Settlement Date: February 2, 2026
  • Demat shares must be delivered through Early Pay-in of Shares mechanism available in both depositories
  • Market Type “(Takeover)” and settlement number 2026001 must be used in depository systems
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in client accounts
  • Members are NOT required to upload any EPN file

Regulatory Changes

No new regulatory changes introduced. This circular implements existing guidelines per Notice No.20200528-32 dated May 28, 2020, regarding settlement under Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange.

Compliance Requirements

  • Members/Custodians: Must ensure demat shares are delivered only through Early Pay-in of Shares mechanism
  • Members/Custodians: Must use Market Type “(Takeover)” and settlement number 2026001 in depository system transactions
  • Participants: Must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines for bid acceptance/confirmation
  • Participants: Must complete early pay-in process sufficiently in advance before BSE OTB Bidding window closure
  • Members: Should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
  • Members/Custodians: Should refer to Notice No.20200528-32 dated May 28, 2020 for settlement guidelines

Important Dates

  • January 5, 2026: Bid Start Date
  • January 16, 2026: Bid End Date
  • January 30, 2026: Obligation Download
  • February 2, 2026: Settlement Date

Impact Assessment

Market Impact: Medium - This takeover offer affects shareholders of Shree Digvijay Cement Company Limited who may wish to participate in the acquisition window. The specific settlement schedule provides a structured process for share acquisition.

Operational Impact: Medium - Trading members and custodians need to ensure proper early pay-in procedures are followed, with securities earmarked/blocked in client accounts using the correct market type and settlement number. The requirement for timely submission before bidding window closure necessitates advance planning.

Stakeholder Impact: Shareholders of Shree Digvijay Cement have a 12-day window to participate in the offer. Members and custodians must coordinate with ICCL Help Desk (022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com) for any clarifications.

Impact Justification

Specific takeover acquisition window for single company affecting shareholders and trading members dealing with Shree Digvijay Cement shares during the specified period