Description

BSE extends the bid end date for P.M TELELINNKS LIMITED takeover acquisition window from January 27, 2026 to January 28, 2026, with revised obligation download and settlement dates in February 2026.

Summary

BSE has revised the settlement schedule for the takeover offer of P.M TELELINNKS LIMITED (Settlement No. 2026005). The bid end date has been extended by one day from January 27, 2026 to January 28, 2026, with corresponding changes to obligation download and settlement dates. This revision follows reference Notice No. 20260112-7.

Key Points

  • Bid start date remains unchanged: January 13, 2026
  • Revised bid end date: January 28, 2026 (previously January 27, 2026)
  • Revised obligation download date: February 10, 2026
  • Revised settlement date: February 11, 2026
  • Settlement Type: Takeover
  • Settlement Number: 2026005
  • Demat shares must be delivered through Early Pay-in of Shares mechanism only
  • Available through both depositories

Regulatory Changes

No new regulatory changes introduced. This circular implements a one-day extension to the previously announced takeover schedule.

Compliance Requirements

  • Members and Custodians must use Market Type “(Takeover)” and Settlement No. 2026005 in the depository system
  • Demat shares delivery must utilize the Early Pay-in of Shares mechanism available in both depositories
  • 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 under Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange

Important Dates

  • Bid Start Date: January 13, 2026
  • Revised Bid End Date: January 28, 2026
  • Revised Obligation Download Date: February 10, 2026
  • Revised Settlement Date: February 11, 2026

Impact Assessment

This revision provides participants in the P.M TELELINNKS LIMITED takeover offer an additional day to submit bids in the acquisition window. The one-day extension cascades to obligation download and settlement dates, moving them from the original schedule. Shareholders wishing to tender shares and trading members facilitating the process need to update their timelines accordingly. The impact is limited to participants in this specific takeover transaction.

Impact Justification

Procedural update extending takeover bid timeline by one day for a specific company, affecting shareholders and trading members participating in the acquisition window