Description

Revised settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for Filtron Engineers Limited, with new obligation download date of January 14, 2026 and settlement date of January 16, 2026.

Summary

BSE has issued a revised settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for Filtron Engineers Limited. The takeover process ran from December 24, 2025 to January 7, 2026 (Settlement No. 2025135). The revised obligation download date is January 14, 2026, with final settlement on January 16, 2026.

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 through Early Pay-in of Shares mechanism available in both depositories
  • Market Type “Takeover” and Settlement No. 2025135 must be specified in depository system
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges

Regulatory Changes

This circular revises the previously announced settlement schedule in Notice No. 20251223-11. Members and custodians must follow the Revised Guidelines of 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 Early Pay-in of Shares mechanism
  • Market Type “Takeover” and Settlement No. 2025135 must be used in depository system submissions
  • Members must reference MBRSTD_OTB_CM_mmm_SettNo file for accurate stamp duty charges
  • All settlement procedures must comply with the revised guidelines for share acquisition through stock exchange

Important Dates

  • 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 and custodians participating in the Filtron Engineers Limited takeover. The two-day extension for obligation download and settlement provides additional time for processing. Market participants must ensure compliance with early pay-in requirements and proper use of settlement identifiers. For clarifications, participants can contact ICCL Help Desk at 022-69158590/45720490/45720690 or email iccl.helpdesk@icclindia.com.

Contact Information

ICCL Help Desk

Issued By: Indian Clearing Corporation Ltd.

  • Atharva Naik, Senior Officer
  • Tajindersingh Virdi, Senior Manager

Impact Justification

Settlement schedule revision for ongoing takeover process affects members and custodians participating in the acquisition window for Filtron Engineers Limited