Description

BSE extends bid end date for Oscar Global Limited takeover settlement from January 15 to January 16, 2026, with settlement completion on January 30, 2026.

Summary

BSE has revised the settlement schedule for the Offer to Buy (Acquisition Window/Takeover) for OSCAR GLOBAL LIMITED. The bid end date has been extended by one day from January 15, 2026 to January 16, 2026. This revision pertains to Settlement No. 2025138, with the bid period running from January 2, 2026 to January 16, 2026.

Key Points

  • Settlement Number: 2025138
  • Settlement Type: Takeover
  • Bid Start Date: January 2, 2026 (unchanged)
  • Revised Bid End Date: January 16, 2026 (extended from January 15, 2026)
  • Obligation Download: January 29, 2026
  • Final Settlement Date: January 30, 2026
  • Reference to previous Notice No. 20251231-8
  • Demat shares must be delivered through Early Pay-in of Shares mechanism available in both depositories
  • Market Type “(Takeover)” and Settlement No. 2025138 must be used in depository system

Regulatory Changes

No new regulatory changes introduced. This circular implements an extension to an existing takeover settlement schedule.

Compliance Requirements

  • Members and Custodians must deliver demat shares only through the Early Pay-in of Shares mechanism
  • Members and Custodians must specify Market Type “(Takeover)” and Settlement No. 2025138 in the depository system
  • Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
  • Members and Custodians should refer to Notice No. 20200528-32 dated May 28, 2020 regarding settlement as per Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange

Important Dates

  • January 2, 2026: Bid Start Date
  • January 16, 2026: Revised Bid End Date (extended from January 15, 2026)
  • January 29, 2026: Obligation Download
  • January 30, 2026: Final Settlement Date

Impact Assessment

The one-day extension of the bid end date provides additional time for participants in the Oscar Global Limited takeover to submit their bids. This revision has a moderate operational impact limited to members, custodians, and investors participating in this specific takeover transaction. The extension may facilitate better participation and smoother settlement processes. Members need to update their systems and inform clients about the revised timeline. Contact available through ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com for clarifications.

Impact Justification

Operational impact limited to specific takeover transaction participants; one-day extension provides additional time for bid submission