Description

Settlement calendar for takeover offer of P.M TELELINNKS LIMITED through acquisition window, to be conducted from January 13-27, 2026 with settlement on February 10, 2026.

Summary

BSE has announced the settlement calendar for the Offer to Buy under Acquisition Window (Takeover) for P.M TELELINNKS LIMITED. The bidding window will operate from January 13, 2026 to January 27, 2026, with obligation download on February 9, 2026 and final settlement on February 10, 2026. Settlement number 2026005 has been assigned for this takeover offer.

Key Points

  • Settlement Type: Takeover
  • Settlement Number: 2026005
  • Bidding Period: January 13, 2026 to January 27, 2026
  • Obligation Download Date: February 9, 2026
  • Settlement Date: February 10, 2026
  • Demat shares must be delivered through Early Pay-in mechanism only
  • Market Type “(Takeover)” and Settlement No. 2026005 to be used in depository system
  • Members not required to upload EPN file for early pay-in securities
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in clients’ accounts

Regulatory Changes

No new regulatory changes introduced. This circular follows existing revised guidelines for mechanism of 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 use Market Type “(Takeover)” and Settlement No. 2026005 in the depository system
  • Participants: Must ensure effect of early pay-in of securities 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 closure of BSE OTB bidding window and confirmation window
  • Members: Should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
  • Members/Custodians: NOT required to upload EPN file for early pay-in securities

Important Dates

  • January 13, 2026: Bid start date
  • January 27, 2026: Bid end date
  • February 9, 2026: Obligation download date
  • February 10, 2026: Settlement date

Impact Assessment

Market Impact: Low - This is a company-specific takeover settlement schedule affecting only shareholders of P.M TELELINNKS LIMITED and members/custodians participating in the acquisition window.

Operational Impact: Medium for participating members - Members and custodians handling this takeover need to ensure proper coordination for early pay-in mechanisms and must adhere to specific timelines for bid placement and confirmation to avoid settlement issues.

Investor Impact: Low to Medium - Only impacts shareholders of P.M TELELINNKS LIMITED who wish to participate in the takeover offer. The 15-day bidding window provides sufficient time for decision-making and execution.

Contact Information: For clarifications, members and custodians may contact ICCL Help Desk at 022-69158590/45720490/45720690 or email iccl.helpdesk@icclindia.com.

Impact Justification

Company-specific takeover settlement schedule affecting only P.M TELELINNKS shareholders and participating members. Standard procedural circular with limited broader market impact.