Description

Settlement calendar for takeover acquisition window of Shashank Traders Limited to be conducted from February 9, 2026 to February 23, 2026 with settlement on March 10, 2026.

Summary

BSE has announced the settlement calendar for the Offer to Buy (Acquisition Window) for SHASHANK TRADERS LIMITED under the takeover mechanism. The bidding window will operate from February 9, 2026 to February 23, 2026, with obligation download on March 9, 2026 and final settlement on March 10, 2026. Settlement number 2026012 has been assigned for this takeover process.

Key Points

  • Settlement Type: Takeover
  • Settlement Number: 2026012
  • Bid Start Date: February 9, 2026
  • Bid End Date: February 23, 2026
  • Obligation Download: March 9, 2026
  • Settlement Date: March 10, 2026
  • Demat shares must be delivered through Early Pay-in of Shares mechanism available in both depositories
  • Market Type “Takeover” and settlement number 2026012 must be used in depository system
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in client accounts
  • No EPN file upload required by Members & Custodians

Regulatory Changes

No new regulatory changes. The circular follows existing guidelines per Notice No.20200528-32 dated May 28, 2020 regarding settlement as per Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange.

Compliance Requirements

  • Members/Custodians must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines
  • Early pay-in process must be completed in Depository system sufficiently in advance before BSE OTB Bidding window closure
  • Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
  • Participants must complete early pay-in before prescribed timelines for accepting/confirming bids on BSE OTB platform
  • Members & Custodians should contact relationship managers or ICCL Help Desk for clarifications

Important Dates

  • February 9, 2026: Bid Start Date
  • February 23, 2026: Bid End Date
  • March 9, 2026: Obligation Download
  • March 10, 2026: Final Settlement Date

Impact Assessment

This circular has limited market-wide impact as it pertains specifically to the takeover acquisition window for Shashank Traders Limited. Impact is primarily operational for:

  • Shareholders of Shashank Traders Limited considering participation in the takeover offer
  • BSE trading members facilitating bids
  • Custodians managing early pay-in of shares
  • ICCL for settlement processing

The standardized settlement mechanism ensures orderly processing of the takeover acquisition with clear timelines for all participants.

Impact Justification

Company-specific takeover settlement schedule with limited market-wide impact. Relevant only to Shashank Traders Limited shareholders and participating members.