Description

Settlement calendar for acquisition window (takeover) of Sanmitra Commercial Limited shares through stock exchange mechanism from January 6-19, 2026.

Summary

BSE announces the settlement calendar for the Offer to Buy through Acquisition Window (Takeover) mechanism for SANMITRA COMMERCIAL LIMITED. The bidding window will operate from January 6, 2026 to January 19, 2026, with settlement number 2026002. Obligation download is scheduled for January 22, 2026, and final settlement on January 23, 2026.

Key Points

  • Settlement Type: Takeover (Settlement No. 2026002)
  • Bidding Period: January 6-19, 2026 (14 days)
  • Demat shares must be delivered exclusively through Early Pay-in mechanism
  • Market Type “(Takeover)” and Settlement No. 2026002 must be used in depository systems
  • Securities will be earmarked/blocked in client accounts automatically by CDSL & NSDL
  • No EPN file upload required by Members & Custodians
  • Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for stamp duty charges

Regulatory Changes

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

Compliance Requirements

For Members/Custodians:

  • Complete early pay-in of securities in the Depository system sufficiently in advance
  • Ensure early pay-in effect is reflected in BSE/ICCL systems before prescribed timelines for bid acceptance/confirmation
  • Use correct Market Type “(Takeover)” and Settlement No. 2026002 in depository system entries
  • Complete early pay-in before BSE OTB Bidding window closure for placing bids (Members) and confirmation window (Custodians)
  • Review MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Contact for Clarifications:

Important Dates

  • January 6, 2026: Bid Start Date
  • January 19, 2026: Bid End Date
  • January 22, 2026: Obligation Download
  • January 23, 2026: Settlement Date

Impact Assessment

Market Impact: Low - Company-specific takeover process affecting only shareholders of Sanmitra Commercial Limited who wish to participate in the acquisition offer.

Operational Impact: Medium for participating members/custodians who must ensure proper early pay-in procedures and system configurations for the 14-day bidding window.

Investor Impact: Relevant only to existing shareholders of Sanmitra Commercial Limited who may receive acquisition offers during the specified window period.

Impact Justification

Company-specific takeover settlement schedule with limited market-wide impact, relevant only to shareholders of Sanmitra Commercial Limited and participating members/custodians