Description

Settlement calendar for takeover offer of Premium Capital Market and Investments Limited to be conducted from January 16, 2026 to January 30, 2026 with settlement on February 13, 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 period will run from January 16, 2026 to January 30, 2026, with obligation download on February 12, 2026 and final settlement on February 13, 2026. This is Settlement No. 2026008 under the Takeover category.

Key Points

  • Takeover settlement number: 2026008
  • Bidding window: January 16, 2026 to January 30, 2026
  • Obligation download date: February 12, 2026
  • Settlement date: February 13, 2026
  • Demat shares must be delivered through Early Pay-in mechanism only
  • Market Type “(Takeover)” to be used in depository system
  • Members should refer to Notice No.20200528-32 dated May 28, 2020 for revised guidelines
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in client accounts
  • No EPN file upload required by Members & Custodians

Regulatory Changes

No new regulatory changes introduced. This circular implements existing framework for acquisition of shares through Stock Exchange as per revised guidelines referenced in Notice No.20200528-32 dated May 28, 2020.

Compliance Requirements

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

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

This circular has limited market impact as it applies specifically to the takeover of Premium Capital Market and Investments Limited. Only shareholders of this company who wish to participate in the acquisition window will be affected. The settlement process follows established guidelines for takeover offers through the stock exchange mechanism. Members and custodians handling trades for this security need to ensure compliance with early pay-in requirements and use correct settlement identifiers. For queries, ICCL Help Desk is available at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com.

Impact Justification

Company-specific takeover settlement schedule with limited market-wide impact, affecting only shareholders of Premium Capital Market and Investments Limited participating in the acquisition window.