Description

Settlement calendar for takeover offer to buy acquisition window for Premium Capital Market and Investments Limited from January 16, 2026 to January 30, 2026.

Summary

BSE has announced the settlement calendar for the Offer to Buy through Acquisition Window (Takeover) for PREMIUM CAPITAL MARKET AND INVESTMENTS LIMITED. The bidding window will run from January 16, 2026 to January 30, 2026, with settlement number 2026008. Obligation download is scheduled for February 12, 2026, and final settlement date is February 13, 2026.

Key Points

  • Settlement Type: Takeover (Settlement No. 2026008)
  • Bid Period: January 16, 2026 to January 30, 2026
  • Target Company: PREMIUM CAPITAL MARKET AND INVESTMENTS LIMITED
  • Demat shares must be delivered through Early Pay-in mechanism only
  • Market Type “(Takeover)” and Settlement No. 2026008 to be used in depository system
  • Members must refer to Notice No.20200528-32 dated May 28, 2020 for revised acquisition guidelines
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in client accounts automatically
  • No EPN file upload required by Members & Custodians

Regulatory Changes

No new regulatory changes introduced. This circular implements existing acquisition window framework as per revised guidelines issued in Notice No.20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members/Custodians: Must ensure demat shares are delivered only through Early Pay-in of Shares mechanism available in both depositories
  • Members/Custodians: Must complete early pay-in process sufficiently in advance before prescribed timelines for BSE OTB bidding window closure
  • Members/Custodians: Must use Market Type “(Takeover)” and Settlement No. 2026008 in depository system entries
  • Members: Must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
  • Participants: Must ensure early pay-in effect is reflected in BSE/ICCL systems before prescribed timelines for bid acceptance/confirmation

Important Dates

  • January 16, 2026: Bid Start Date
  • January 30, 2026: Bid End Date
  • February 12, 2026: Obligation Download
  • February 13, 2026: Settlement Date

Impact Assessment

Market Impact: Medium - Affects shareholders of Premium Capital Market and Investments Limited who wish to participate in the takeover offer. Standard acquisition window process with established procedures.

Operational Impact: Medium - Trading members and custodians must ensure compliance with early pay-in mechanisms and proper use of settlement numbers in depository systems. Requires coordination between BSE OTB platform, depositories (CDSL/NSDL), and ICCL systems.

Member Requirements: Members and custodians need to plan early pay-in submissions carefully to meet bidding and confirmation window deadlines. Contact available through ICCL Help Desk (022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com) for clarifications.

Impact Justification

Standard takeover settlement schedule affecting specific company shareholders and trading members. Requires adherence to early pay-in procedures but follows established acquisition window guidelines.