Description

BSE announces revised settlement schedule for the takeover offer of Shree Digvijay Cement Company Limited, extending bid end date to January 19, 2026 with settlement on February 3, 2026.

Summary

BSE has issued a revised settlement schedule for the Offer to Buy under Acquisition Window (Takeover) for Shree Digvijay Cement Company Limited. The takeover offer period remains from January 5, 2026 to January 19, 2026, with revised obligation download and settlement dates moved to February 2-3, 2026. This revision updates the original notice 20260101-13.

Key Points

  • Settlement Type: Takeover (Settlement No. 2026001)
  • Bid Period: January 5, 2026 to January 19, 2026 (unchanged)
  • Revised Obligation Download Date: February 2, 2026
  • Revised Settlement Date: February 3, 2026
  • Demat shares must be delivered only through Early Pay-in of Shares mechanism
  • Available through both depositories (NSDL and CDSL)
  • Market Type “Takeover” and Settlement No. 2026001 to be used in depository system
  • Client-wise stamp duty charges available in MBRSTD_OTB_CM_mmm_SettNo file

Regulatory Changes

No new regulatory changes introduced. This circular implements the revised guidelines for mechanism of acquisition of shares through stock exchange as per Notice No. 20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members/Custodians must use Early Pay-in of Shares mechanism for demat share delivery
  • Must specify Market Type “Takeover” and Settlement No. 2026001 in depository system submissions
  • Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
  • Compliance with revised settlement timeline is mandatory for all participants

Important Dates

  • Bid Start Date: January 5, 2026
  • Revised Bid End Date: January 19, 2026
  • Revised Obligation Download: February 2, 2026
  • Revised Settlement Date: February 3, 2026
  • Notice Date: January 14, 2026
  • Reference Notice: 20260101-13

Impact Assessment

This revision provides additional time for settlement processing of the takeover offer. The extension of obligation download and settlement dates by approximately two days allows participants more time to complete their obligations. Members and custodians participating in this takeover must adjust their internal schedules accordingly. For queries, members can contact ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com. Impact is limited to participants in this specific takeover transaction.

Impact Justification

Revision affects settlement timeline for takeover offer participants. Important for shareholders and brokers handling this specific acquisition, but limited to single company transaction.