Description
Revised settlement calendar for takeover offer of Filtron Engineers Limited with updated obligation download and settlement dates.
Summary
BSE has issued a revised settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for FILTRON ENGINEERS LIMITED. This notice updates the obligation download date to January 14, 2026, and the settlement date to January 16, 2026, for the takeover bid that was conducted from December 24, 2025, to January 7, 2026.
Key Points
- Settlement Type: Takeover (Settlement No. 2025135)
- Bid Period: December 24, 2025 to January 7, 2026
- Revised Obligation Download Date: January 14, 2026
- Settlement Date: January 16, 2026
- Demat shares must be delivered only through Early Pay-in of Shares mechanism
- Market Type “(Takeover)” and Settlement No. 2025135 to be used in depository system
- Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
- Reference to original Notice No. 20251223-11 for initial schedule
Regulatory Changes
No new regulatory changes. This circular revises the settlement timeline for an existing takeover offer in accordance with the Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange (as per Notice No. 20200528-32 dated May 28, 2020).
Compliance Requirements
- Members/Custodians must deliver demat shares exclusively through the Early Pay-in of Shares mechanism available in both depositories
- Members/Custodians must use Market Type “(Takeover)” and Settlement No. 2025135 in the depository system along with other required details
- Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
- For clarifications, members and custodians should contact their relationship managers or ICCL Help Desk (022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com)
Important Dates
- Bid Start Date: December 24, 2025
- Bid End Date: January 7, 2026
- Revised Obligation Download Date: January 14, 2026
- Settlement Date: January 16, 2026
Impact Assessment
This revision affects shareholders of Filtron Engineers Limited who tendered their shares during the acquisition window. The updated settlement schedule provides members and custodians with the revised timeline for obligation processing and settlement completion. The change in obligation download date from the original schedule may require members to adjust their operational timelines for share delivery and settlement processes. The impact is limited to participants in this specific takeover offer.
Impact Justification
Revised settlement schedule for specific takeover offer affecting shareholders of Filtron Engineers Limited with updated obligation and settlement dates