Description
BSE announces revised settlement schedule for the takeover offer of Filtron Engineers Limited, with revised obligation download date on January 14, 2026 and settlement date on January 16, 2026.
Summary
BSE has issued a revised settlement schedule for the Offer to Buy through Acquisition Window (Takeover) for Filtron Engineers Limited (Settlement No. 2025135). The bidding period ran from December 24, 2025 to January 7, 2026, with the revised obligation download date set for January 14, 2026 and final settlement date on January 16, 2026. This notice supersedes the earlier Notice No. 20251223-11.
Key Points
- Settlement Type: Takeover (Settlement No. 2025135)
- Bid Period: December 24, 2025 to January 7, 2026
- Revised Obligation Download Date: January 14, 2026
- Settlement Date: January 16, 2026
- Demat shares must be delivered exclusively through Early Pay-in of Shares mechanism available in both depositories
- Members/Custodians must specify Market Type “(Takeover)” and Settlement No. 2025135 in the depository system
- Client-wise Stamp Duty charges available in MBRSTD_OTB_CM_mmm_SettNo file
Regulatory Changes
This notice revises the previously announced settlement schedule in Notice No. 20251223-11. Members must follow the Revised Guidelines for Mechanism for acquisition of shares through Stock Exchange as outlined in Notice No. 20200528-32 dated May 28, 2020.
Compliance Requirements
- Members and Custodians must deliver demat shares only through the Early Pay-in of Shares mechanism
- Market Type “(Takeover)” and Settlement No. 2025135 must be specified in all depository system transactions
- Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
- Members must adhere to the revised settlement calendar for obligation fulfillment
Important Dates
| Event | Date |
|---|---|
| Bid Start Date | December 24, 2025 |
| Bid End Date | January 7, 2026 |
| Revised Obligation Download Date | January 14, 2026 |
| Settlement Date | January 16, 2026 |
Impact Assessment
This revised schedule impacts members, custodians, and shareholders participating in the takeover offer for Filtron Engineers Limited. The two-day extension between obligation download and settlement provides operational time for transaction processing. Market participants involved in this specific acquisition window must adjust their settlement processes accordingly. The requirement for early pay-in mechanism ensures smoother settlement and reduces delivery risks. For clarifications, participants can contact ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com.
Impact Justification
Revised settlement schedule for a specific takeover offer affecting shareholders and members involved in the acquisition window for Filtron Engineers Limited. Important for transaction participants but limited to one security.