Description
Settlement calendar for takeover offer to buy acquisition window for Netlink Solutions (India) Limited, conducted from January 28 to February 10, 2026.
Summary
BSE has announced the settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for NETLINK SOLUTIONS (INDIA) LIMITED. The takeover bidding window will be open from January 28, 2026 to February 10, 2026, with settlement number 2026009. Obligation download is scheduled for February 16, 2026 and settlement date is February 17, 2026.
Key Points
- Settlement Type: Takeover
- Settlement Number: 2026009
- Bid Period: January 28, 2026 to February 10, 2026
- Obligation Download: February 16, 2026
- Settlement Date: February 17, 2026
- Demat shares must be delivered through Early Pay-in of Shares mechanism only
- Market Type “(Takeover)” and settlement No. 2026009 must be used in depository system
- Securities will be earmarked/blocked in clients’ accounts in CDSL & NSDL
- No EPN file upload required by Members & Custodians
Regulatory Changes
Members and Custodians are directed to refer to Notice No.20200528-32 dated May 28, 2020 regarding settlement as per Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange. The process follows established takeover acquisition procedures through the BSE OTB platform.
Compliance Requirements
- Members/Custodians must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids
- Complete early pay-in process in Depository system sufficiently in advance before BSE OTB Bidding window closure
- Use correct Market Type “(Takeover)” and settlement number 2026009 in depository system
- Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
- Participants available in both CDSL and NSDL depositories
Important Dates
- January 28, 2026: Bid Start Date
- February 10, 2026: Bid End Date
- February 16, 2026: Obligation Download
- February 17, 2026: Settlement Date
Impact Assessment
This circular impacts shareholders of Netlink Solutions (India) Limited who wish to participate in the takeover offer, as well as BSE trading members and custodians facilitating the acquisition. The structured timeline ensures orderly processing of the takeover bid through the exchange platform. Members must coordinate early pay-in timing to meet bidding and confirmation windows. For clarifications, members may contact ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com.
Impact Justification
Specific to takeover acquisition process for Netlink Solutions with defined settlement procedures affecting shareholders and members participating in the offer.