Description

Settlement calendar for the takeover offer to buy acquisition window for Sanmitra Commercial Limited, to be conducted from January 6-19, 2026 with settlement on January 23, 2026.

Summary

BSE has announced the settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for SANMITRA COMMERCIAL LIMITED. The bidding period runs from January 6, 2026 to January 19, 2026, with obligation download on January 22, 2026 and final settlement on January 23, 2026. Settlement Number is 2026002.

Key Points

  • Settlement Type: Takeover
  • Settlement Number: 2026002
  • Bid Start Date: January 6, 2026
  • Bid End Date: January 19, 2026
  • Obligation Download: January 22, 2026
  • Settlement Date: January 23, 2026
  • Demat shares must be delivered through Early Pay-in mechanism only
  • Market Type “(Takeover)” and settlement number 2026002 must be used in depository system
  • Early pay-in securities will be earmarked/blocked in client accounts automatically
  • No EPN file upload required by Members and Custodians

Regulatory Changes

No new regulatory changes. This notice follows the Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange as per 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
  • Members/Custodians: Must ensure early pay-in effect is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids
  • Members/Custodians: Must complete early pay-in process sufficiently in advance before BSE OTB Bidding window closure
  • Members/Custodians: Must use Market Type “(Takeover)” and settlement No. 2026002 in depository system
  • Members: Should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
  • Participants: Must ensure timely completion for BSE OTB platform bid acceptance/confirmation deadlines

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

Operational Impact: Medium - Members and custodians dealing with Sanmitra Commercial Limited shares need to follow specific early pay-in procedures and timelines for the takeover settlement.

Market Impact: Low to Medium - Affects only shareholders and trading members involved in the Sanmitra Commercial Limited takeover offer, requiring adherence to prescribed settlement schedule and procedures.

Contact: For clarifications, Members & Custodians may contact ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com

Impact Justification

Procedural notice for specific takeover settlement schedule affecting shareholders and members dealing with Sanmitra Commercial Limited acquisition