Description

Updated settlement calendar for the acquisition window (takeover) of Shree Digvijay Cement Company Limited, extending bid end date to January 19, 2026 with revised obligation and settlement dates in February 2026.

Summary

BSE has revised the settlement schedule for the Offer to Buy (Acquisition Window/Takeover) for SHREE DIGVIJAY CEMENT COMPANY LIMITED. The bid period which started on January 5, 2026, now extends to January 19, 2026, with obligation download and settlement dates moved to February 2-3, 2026. This revision supersedes the earlier notice dated January 1, 2026 (Notice No. 20260101-13).

Key Points

  • Settlement Number: 2026001
  • Bid Start Date: January 5, 2026 (unchanged)
  • Revised Bid End Date: January 19, 2026
  • Revised Obligation Download Date: February 2, 2026
  • Revised Settlement Date: February 3, 2026
  • Demat shares must be delivered exclusively through Early Pay-in of Shares mechanism
  • Market Type identifier “Takeover” and settlement number 2026001 must 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 provides revised dates for an existing takeover settlement process under the established Guidelines for Mechanism for acquisition of shares through Stock Exchange (as per Notice No.20200528-32 dated May 28, 2020).

Compliance Requirements

  • Members and custodians must use Early Pay-in of Shares mechanism available in both depositories for demat share delivery
  • Market Type “Takeover” and settlement number 2026001 must be specified in all depository system transactions
  • Members must refer to the MBRSTD_OTB_CM_mmm_SettNo file for accurate client-wise stamp duty charges
  • Members and custodians should follow the revised settlement guidelines referenced in Notice No.20200528-32

Important Dates

  • Bid Period: January 5, 2026 to January 19, 2026
  • Obligation Download: February 2, 2026
  • Final Settlement: February 3, 2026
  • Reference Notice: Original schedule in Notice No. 20260101-13 dated January 1, 2026

Impact Assessment

This revision extends the bid acceptance window for shareholders of Shree Digvijay Cement Company Limited wishing to participate in the takeover offer. The extension provides additional time for shareholders to tender their shares and for members to process transactions. The delayed obligation and settlement dates (moved from earlier dates to February 2-3, 2026) allow adequate processing time. Members and custodians need to update their systems and processes to reflect the new timeline. The impact is contained to participants in this specific takeover offer, with no broader market implications.

Impact Justification

Settlement schedule revision for an ongoing takeover offer affects shareholders and members participating in the acquisition window, requiring updated timelines for obligation and settlement dates.