Description

Settlement calendar for the takeover offer to buy shares of Sanmitra Commercial Limited through the acquisition window from January 6 to January 19, 2026.

Summary

BSE has announced the settlement calendar for the Offer to Buy through Acquisition Window (Takeover) for SANMITRA COMMERCIAL LIMITED. The bidding window will be open 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, 2026 to January 19, 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
  • CDSL & NSDL early pay-in securities will be automatically earmarked/blocked in client accounts
  • No EPN file upload required by Members & Custodians
  • Stamp duty charges available in MBRSTD_OTB_CM_mmm_SettNo file

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 complete early pay-in of securities in the Depository system sufficiently in advance before the prescribed timelines
  • Early pay-in effect must be reflected in BSE/ICCL systems before the prescribed timelines for accepting/confirmation of Bids
  • Members must use the correct Market Type “(Takeover)” and settlement number 2026002 in all depository transactions
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

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

This takeover settlement affects shareholders and market participants dealing with SANMITRA COMMERCIAL LIMITED shares. The 14-day bidding window provides adequate time for participation. The mandatory early pay-in mechanism ensures smooth settlement and reduces counterparty risk. Members and custodians need to coordinate with their clients to ensure timely delivery of shares through the depository system. For queries, participants can contact ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com.

Impact Justification

Company-specific takeover settlement schedule with defined timelines for bid submission and settlement, affecting shareholders of Sanmitra Commercial Limited during the acquisition window period.