Description
Extension of acquisition window (takeover) for Oscar Global Limited from January 15, 2026 to January 16, 2026 due to exchange holiday for Municipal Corporation Elections in Maharashtra.
Summary
BSE has revised the acquisition window (takeover) timeline for Oscar Global Limited. The window originally scheduled for January 15, 2026 has been extended to January 16, 2026, due to the exchange being closed on January 15, 2026 for Municipal Corporation Elections in Maharashtra.
Key Points
- Revision to previously issued notice no. 20251230-32 dated December 30, 2025
- Acquisition window (takeover) for Oscar Global Limited extended by one day
- Original date (January 15, 2026) is now an exchange holiday
- New acquisition window date: January 16, 2026
- Reason for holiday: Municipal Corporation Elections in Maharashtra
Regulatory Changes
No regulatory changes. This is an administrative schedule adjustment.
Compliance Requirements
- All market participants must note the revised acquisition window date
- Parties involved in the takeover of Oscar Global Limited should adjust their schedules accordingly
- Trading and acquisition activities must be conducted on the revised date of January 16, 2026
Important Dates
- Notice Date: January 13, 2026
- Exchange Holiday: January 15, 2026 (Thursday) - Municipal Corporation Elections in Maharashtra
- Original Acquisition Window: January 15, 2026 (now excluded)
- Revised Acquisition Window: January 16, 2026 (Friday)
- Reference Notice: Notice no. 20251230-32 dated December 30, 2025
Impact Assessment
Market Impact: Low - This is a one-day administrative postponement affecting only the acquisition window for a single company (Oscar Global Limited).
Operational Impact: Minimal - Parties involved in the takeover need to adjust their timelines by one business day. The extension accommodates the exchange holiday due to state elections.
Stakeholder Impact: Limited to acquirers, shareholders, and market participants specifically involved in the Oscar Global Limited takeover process.
Impact Justification
Administrative revision extending takeover window by one day due to exchange holiday. Limited impact affecting only parties involved in Oscar Global Limited takeover.