Description

Settlement calendar for the takeover offer to buy acquisition window for P.M TELELINNKS LIMITED, to be conducted from January 13, 2026 to January 27, 2026.

Summary

BSE has announced the settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for P.M TELELINNKS LIMITED. The takeover bidding window will be open from January 13, 2026 to January 27, 2026, with obligation download on February 9, 2026 and settlement date on February 10, 2026. Members and custodians must deliver demat shares through the Early Pay-in of Shares mechanism available in both depositories.

Key Points

  • Settlement Type: Takeover, Settlement Number: 2026005
  • Bid Start Date: January 13, 2026
  • Bid End Date: January 27, 2026
  • Obligation Download: February 9, 2026
  • Settlement Date: February 10, 2026
  • Demat shares must be delivered only through Early Pay-in mechanism
  • Market Type “Takeover” and Settlement No. 2026005 to be used in depository system
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in clients’ accounts
  • 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 new regulatory changes introduced. This circular implements existing guidelines as per Notice No.20200528-32 dated May 28, 2020, regarding Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange.

Compliance Requirements

  • Members/Custodians must ensure demat shares are delivered through Early Pay-in of Shares mechanism in both depositories
  • Effect of early pay-in must be reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids
  • Complete early pay-in process in depository system sufficiently in advance before closure of BSE OTB Bidding window
  • Use Market Type “Takeover” and Settlement No. 2026005 in depository system
  • Securities will be earmarked/blocked in requisite market type and settlement number
  • Refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
  • Contact ICCL Help Desk for clarifications: 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com

Important Dates

  • January 13, 2026: Bid Start Date
  • January 27, 2026: Bid End Date
  • February 9, 2026: Obligation Download
  • February 10, 2026: Settlement Date

Impact Assessment

This circular impacts shareholders of P.M TELELINNKS LIMITED who wish to participate in the takeover offer, as well as members and custodians facilitating the acquisition process. The use of early pay-in mechanism ensures proper settlement and reduces risk. Market participants must adhere to specified timelines for bidding and confirmation to ensure successful participation in the acquisition window. The settlement schedule provides adequate time for processing and obligation fulfillment.

Impact Justification

Specific to takeover acquisition process for P.M TELELINNKS LIMITED with defined settlement schedule and operational requirements for members and custodians.