Description

Extension of acquisition window (takeover) for SHENTRACON CHEMICALS LIMITED from January 23, 2026 to January 27, 2026, excluding SEBI and Exchange holidays.

Summary

BSE has revised the acquisition window (takeover) schedule for SHENTRACON CHEMICALS LIMITED. The acquisition window will be extended from Friday, January 23, 2026, to Tuesday, January 27, 2026. This extension excludes January 26, 2026 (SEBI Holiday) and January 15, 2026 (Exchange Holiday due to Municipal Corporation Elections in Maharashtra 2026).

Key Points

  • Acquisition window for SHENTRACON CHEMICALS LIMITED extended by 4 calendar days
  • Extension is in continuation of previous notice no. 20260107-37 dated January 07, 2026
  • The extended window excludes two non-trading days within the period
  • All market participants are required to note this revision

Regulatory Changes

No new regulatory changes. This is a schedule revision for an existing takeover process.

Compliance Requirements

  • All market participants must note the revised acquisition window dates
  • Shareholders and potential acquirers must adjust their timelines accordingly
  • Trading and settlement activities related to the acquisition must comply with the revised schedule

Important Dates

  • Original Acquisition Window End Date: Friday, January 23, 2026
  • Revised Acquisition Window End Date: Tuesday, January 27, 2026
  • Excluded Dates:
    • Thursday, January 15, 2026 (Exchange Holiday - Municipal Corporation Elections in Maharashtra)
    • Sunday, January 26, 2026 (SEBI Holiday)
  • Notice Date: January 13, 2026
  • Notice Number: 20260113-43
  • Previous Related Notice: 20260107-37 (January 07, 2026)

Impact Assessment

Market Impact: Limited to shareholders and stakeholders of SHENTRACON CHEMICALS LIMITED. The extension provides additional time for shareholders to participate in the acquisition window.

Operational Impact: Market participants dealing with SHENTRACON CHEMICALS LIMITED takeover process need to adjust their operational timelines and schedules to accommodate the extended window.

Investor Impact: Shareholders of SHENTRACON CHEMICALS LIMITED have an extended period to make decisions regarding the takeover offer, improving accessibility and participation opportunities.

Impact Justification

Extension of acquisition window affects shareholders and potential acquirers of SHENTRACON CHEMICALS LIMITED, but is a procedural adjustment with limited market-wide impact