Description

BSE updates the settlement calendar for the acquisition window (takeover) of ESHA MEDIA RESEARCH LIMITED, extending the bid end date to January 28, 2026 with settlement on February 4, 2026.

Summary

BSE has issued a revised settlement calendar for the Offer to Buy - Acquisition Window (Takeover) of ESHA MEDIA RESEARCH LIMITED. The takeover was conducted from January 13, 2026 to January 28, 2026, with updated obligation download and settlement dates now set for February 3 and February 4, 2026 respectively. This notice supersedes the original Notice No. 20260114-17.

Key Points

  • Settlement Type: Takeover (Settlement No. 2026006)
  • Bid Period: January 13, 2026 to January 28, 2026
  • Revised Obligation Download Date: February 3, 2026
  • Revised Settlement Date: February 4, 2026
  • Demat shares must be delivered only through Early Pay-in of Shares mechanism available in both depositories
  • Market Type “(Takeover)” and Settlement No. 2026006 must be used by Members/Custodians in depository system
  • Client-wise stamp duty charges available in MBRSTD_OTB_CM_mmm_SettNo file

Regulatory Changes

No new regulatory changes introduced. This circular revises the settlement timeline for an ongoing takeover process under existing guidelines for acquisition of shares through Stock Exchange as per Notice No. 20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members and Custodians must use Early Pay-in of Shares mechanism for demat share delivery
  • Members and Custodians must specify Market Type “(Takeover)” and Settlement No. 2026006 in depository systems
  • Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
  • Members and Custodians should follow revised guidelines per Notice No. 20200528-32 dated May 28, 2020

Important Dates

  • Bid Start Date: January 13, 2026
  • Bid End Date: January 28, 2026
  • Obligation Download Date: February 3, 2026
  • Settlement Date: February 4, 2026

Impact Assessment

This revision affects members and custodians participating in the takeover of ESHA MEDIA RESEARCH LIMITED. The updated settlement calendar provides clarity on obligation download and settlement dates, ensuring smooth execution of the acquisition process. Members must adjust their operational timelines accordingly. For clarifications, members can contact ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com.

Impact Justification

Revised settlement schedule affects members and custodians participating in the takeover process for ESHA MEDIA RESEARCH LIMITED, requiring updated obligation and settlement dates