Description

BSE revises settlement calendar for takeover acquisition window of ESHA MEDIA RESEARCH LIMITED with new obligation download and settlement dates.

Summary

BSE has issued a revised settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for ESHA MEDIA RESEARCH LIMITED. The takeover bid period ran from January 13, 2026 to January 28, 2026, with revised obligation download date of February 3, 2026 and revised settlement date of February 4, 2026. Settlement number 2026006 applies.

Key Points

  • This circular revises the earlier Notice No. 20260114-17
  • Takeover acquisition window conducted from January 13, 2026 to January 28, 2026
  • Settlement Type: Takeover with Settlement No. 2026006
  • Demat shares must be delivered only through Early Pay-in of Shares mechanism available in both depositories
  • Market Type “(Takeover)” and settlement no. 2026006 to be used by Members/Custodians in depository system
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges

Regulatory Changes

No new regulatory changes. This circular implements 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 use Early Pay-in of Shares mechanism for demat share delivery
  • Members/Custodians must specify Market Type “(Takeover)” and settlement No. 2026006 in the depository system
  • Members must reference MBRSTD_OTB_CM_mmm_SettNo file for applicable Stamp Duty charges
  • Members/Custodians should refer to Notice No.20200528-32 dated May 28, 2020 for settlement guidelines

Important Dates

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

Impact Assessment

This revision affects members and custodians handling the takeover transaction for ESHA MEDIA RESEARCH LIMITED. The updated settlement timeline requires proper coordination for obligation fulfillment and settlement activities. Members dealing with this specific acquisition must adjust their operational timelines accordingly. For clarifications, members can contact ICCL Help Desk at 022-69158590/45720490/45720690 or email iccl.helpdesk@icclindia.com.

Impact Justification

Revised settlement dates for specific takeover transaction affecting members and custodians dealing with ESHA MEDIA RESEARCH LIMITED shares