Description
Settlement calendar for acquisition window (takeover) of SHENTRACON CHEMICALS LIMITED to be conducted from January 12, 2026 to January 23, 2026, with obligation download on February 6, 2026 and settlement on February 9, 2026.
Summary
BSE has announced the settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for SHENTRACON CHEMICALS LIMITED. The bidding window will be open from January 12, 2026 to January 23, 2026, under Settlement No. 2026004. The obligation download is scheduled for February 6, 2026, with final settlement on February 9, 2026.
Key Points
- Settlement Type: Takeover (Settlement No. 2026004)
- Bid Start Date: January 12, 2026
- Bid End Date: January 23, 2026
- Obligation Download: February 6, 2026
- Settlement Date: February 9, 2026
- Demat shares must be delivered through Early Pay-in of Shares mechanism available in both depositories
- Market Type “Takeover” and Settlement No. 2026004 to be used in depository system
- CDSL & NSDL early pay-in securities will be earmarked/blocked in client accounts
- Members NOT required to upload EPN 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
For Members/Custodians:
- Use Early Pay-in of Shares mechanism for demat share delivery
- Specify Market Type “Takeover” and Settlement No. 2026004 in depository system
- Complete early pay-in process sufficiently in advance before prescribed timelines
- Ensure early pay-in effect is reflected in BSE/ICCL systems before bid acceptance/confirmation deadlines
- Refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
For Participants:
- Early pay-in securities will be earmarked/blocked in requisite market type and settlement number
- No EPN file upload required
Important Dates
| Event | Date |
|---|---|
| Bid Start Date | January 12, 2026 |
| Bid End Date | January 23, 2026 |
| Obligation Download | February 6, 2026 |
| Settlement Date | February 9, 2026 |
Impact Assessment
This takeover settlement schedule impacts:
- Shareholders of SHENTRACON CHEMICALS LIMITED who may participate in the acquisition window
- Trading members and custodians involved in processing the takeover bids
- The settlement process requires advance planning for early pay-in to meet prescribed timelines
- Contact: ICCL Help Desk (022-69158590/45720490/45720690, iccl.helpdesk@icclindia.com) for clarifications
Issued by: Indian Clearing Corporation Ltd. Notice No: 20260108-19 Category: Settlement/RMS
Impact Justification
Specific takeover settlement schedule affecting SHENTRACON CHEMICALS LIMITED shareholders and trading members, with defined timelines for bid submission and settlement process.