Description

Settlement calendar for Offer to Buy through Acquisition Window (Takeover) for SHENTRACON CHEMICALS LIMITED, scheduled from January 12, 2026 to January 23, 2026.

Summary

BSE has announced the settlement calendar for the Offer to Buy through Acquisition Window (Takeover) for SHENTRACON CHEMICALS LIMITED. The bidding window will be open from January 12, 2026 to January 23, 2026, with Settlement No. 2026004. Obligation download is scheduled for February 6, 2026 and final settlement on February 9, 2026.

Key Points

  • Settlement Type: Takeover (Settlement No. 2026004)
  • Bid Period: January 12, 2026 to January 23, 2026
  • Demat shares must be delivered through Early Pay-in mechanism only
  • Market Type “Takeover” and Settlement No. 2026004 to be used in depository systems
  • Securities will be earmarked/blocked in client accounts in requisite market type and settlement number
  • Members NOT required to upload EPN file
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Regulatory Changes

No regulatory changes introduced. This circular provides operational details for a specific takeover settlement following existing guidelines as per Notice No.20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members/Custodians: Must complete early pay-in of securities in depository system sufficiently in advance before prescribed timelines
  • Members/Custodians: Must ensure effect of early pay-in is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids on BSE OTB platform
  • Members/Custodians: Must use Market Type “Takeover” and Settlement No. 2026004 in depository systems
  • CDSL & NSDL: Early pay-in securities will be earmarked/blocked in client accounts automatically
  • Members: Must refer to MBRSTD_OTB_CM_mmm_SettNo file for stamp duty charges

Important Dates

  • January 12, 2026: Bid Start Date
  • January 23, 2026: Bid End Date
  • February 6, 2026: Obligation Download Date
  • February 9, 2026: Settlement Date

Impact Assessment

Market Impact: Limited to shareholders of SHENTRACON CHEMICALS LIMITED and members/custodians facilitating the takeover. This is a company-specific corporate action with no broader market implications.

Operational Impact: Members and custodians must ensure timely early pay-in of securities and proper use of settlement codes in depository systems. The early pay-in mechanism requires advance planning to meet prescribed timelines for bid acceptance and confirmation on the BSE OTB platform.

Contact Information: For clarifications, market participants can contact ICCL Help Desk at 022-69158590/45720490/45720690 or email iccl.helpdesk@icclindia.com

Impact Justification

Company-specific takeover settlement schedule with procedural requirements for members and custodians participating in the acquisition window