Description

BSE announces revised settlement calendar for the takeover offer of Shree Digvijay Cement Company Limited, extending the obligation download date to January 23, 2026 and settlement date to January 27, 2026.

Summary

BSE has issued a revised settlement calendar for the Offer to Buy under the Acquisition Window (Takeover) mechanism for Shree Digvijay Cement Company Limited. The bidding period ran from January 5, 2026 to January 19, 2026, with updated obligation download and settlement dates now scheduled for January 23 and January 27, 2026 respectively.

Key Points

  • Settlement Type: Takeover, Settlement Number: 2026001
  • Bid Period: January 5, 2026 to January 19, 2026
  • Revised Obligation Download Date: January 23, 2026
  • Revised Settlement Date: January 27, 2026
  • Demat shares must be delivered exclusively through Early Pay-in of Shares mechanism
  • Market Type “Takeover” and Settlement No. 2026001 to be used in depository system
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges

Regulatory Changes

This circular supersedes Notice No. 20260114-13 with revised timeline for obligation download and settlement. The acquisition follows the Revised Guidelines for Mechanism of acquisition of shares through Stock Exchange as outlined in Notice No. 20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members and Custodians must deliver demat shares only through Early Pay-in of Shares mechanism available in both depositories
  • Market Type “Takeover” and Settlement No. 2026001 must be specified in all depository system transactions
  • Members must consult MBRSTD_OTB_CM_mmm_SettNo file for accurate client-wise Stamp Duty charges
  • Contact ICCL Help Desk (022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com) for clarifications

Important Dates

  • Bid Start Date: January 5, 2026
  • Bid End Date: January 19, 2026
  • Revised Obligation Download: January 23, 2026
  • Revised Settlement Date: January 27, 2026

Impact Assessment

This revised schedule impacts brokers, custodians, and investors participating in the takeover offer for Shree Digvijay Cement Company Limited. The extension of obligation and settlement dates provides additional time for processing transactions. Members must ensure compliance with Early Pay-in requirements and proper use of settlement identifiers to avoid processing delays or settlement failures.

Impact Justification

Revised settlement schedule for takeover offer affects members and custodians participating in the acquisition window, requiring adherence to new obligation and settlement dates