Description

BSE revises the bid end date and settlement dates for the takeover offer of ESHA MEDIA RESEARCH LIMITED, extending the bid period to January 28, 2026.

Summary

BSE has revised the settlement calendar for the Offer to Buy - Acquisition Window (Takeover) for ESHA MEDIA RESEARCH LIMITED under Settlement No. 2026006. The bid end date has been extended from January 27, 2026 to January 28, 2026, with corresponding changes to obligation download and settlement dates.

Key Points

  • Settlement Type: Takeover (Settlement No. 2026006)
  • Bid Start Date: January 13, 2026 (unchanged)
  • Revised Bid End Date: January 28, 2026 (extended by 1 day)
  • Revised Obligation Download Date: February 10, 2026
  • Revised Settlement Date: February 11, 2026
  • Demat shares must be delivered only through Early Pay-in of Shares mechanism
  • Available in both depositories
  • Market Type “(Takeover)” and Settlement No. 2026006 to be used in depository system

Regulatory Changes

This notice revises the previously issued Notice No. 20260112-7, specifically extending the bid end date by one day and adjusting subsequent settlement timeline dates accordingly.

Compliance Requirements

  • Members/Custodians must use Early Pay-in of Shares mechanism for demat share delivery
  • Members/Custodians must specify Market Type “(Takeover)” and Settlement No. 2026006 in depository system
  • Members must refer to Notice No. 20200528-32 dated May 28, 2020 for settlement guidelines as per Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges

Important Dates

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

Impact Assessment

The one-day extension of the bid period provides additional time for shareholders of ESHA MEDIA RESEARCH LIMITED to participate in the takeover offer. The impact is limited to participants in this specific acquisition window. Members and custodians need to adjust their operational timelines accordingly. For clarifications, members can contact ICCL Help Desk at 022-69158590/45720490/45720690 or email iccl.helpdesk@icclindia.com.

Impact Justification

Routine revision of settlement schedule for a specific takeover offer affecting participants in ESHA MEDIA RESEARCH LIMITED acquisition window