Description
Settlement calendar for Fairchem Organics Limited buyback through acquisition window to be conducted from January 8-14, 2026 with settlement on January 21, 2026.
Summary
BSE has announced the settlement calendar for Fairchem Organics Limited’s buyback through the Offer to Buy – Acquisition Window mechanism. The bidding window will operate from January 8-14, 2026 (Settlement No. 2026003), with obligation download on January 20, 2026 and final settlement on January 21, 2026. Members and custodians must use the early pay-in mechanism for delivery of demat shares.
Key Points
- Settlement Number: 2026003
- Settlement Type: Buyback (Acquisition Window)
- Bid Start Date: January 8, 2026
- Bid End Date: January 14, 2026
- Obligation Download: January 20, 2026
- Settlement Date: January 21, 2026
- Demat shares must be delivered through Early Pay-in mechanism only
- Market Type “(Buyback)” and settlement number 2026003 to be used in depository system
- Securities will be earmarked/blocked in clients’ accounts in CDSL & NSDL
- No EPN file upload required by members and custodians
Regulatory Changes
No new regulatory changes. This circular implements existing buyback settlement procedures as per the Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange (referenced 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 bid acceptance/confirmation
- Members/Custodians: Must complete early pay-in process sufficiently in advance before BSE OTB Bidding window closure
- Members/Custodians: Must use Market Type “(Buyback)” and Settlement No. 2026003 in depository system
- Members: Should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
- Participants: Must ensure timely completion before prescribed timelines for bid placement and confirmation windows
Important Dates
| Event | Date |
|---|---|
| Bid Start Date | January 8, 2026 |
| Bid End Date | January 14, 2026 |
| Obligation Download | January 20, 2026 |
| Settlement Date | January 21, 2026 |
Impact Assessment
Market Impact: Limited to Fairchem Organics Limited shareholders participating in the buyback. The acquisition window mechanism provides shareholders an opportunity to tender shares during the specified bidding period.
Operational Impact: Members and custodians handling Fairchem Organics shares must ensure compliance with early pay-in requirements and coordinate timing with the BSE OTB platform bidding and confirmation windows. The automatic earmarking/blocking of securities in depository systems simplifies the process by eliminating the need for EPN file uploads.
Liquidity Impact: Temporary reduction in tradable float for Fairchem Organics during the buyback period as shares are earmarked for the acquisition window.
Contact for Clarifications: ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com
Impact Justification
Company-specific buyback settlement schedule with defined timelines. Material for Fairchem Organics shareholders but limited broader market impact.