Description
Settlement calendar for the Offer to Buy through Acquisition Window (Takeover) for SHASHANK TRADERS LIMITED, scheduled from February 9-23, 2026.
Summary
BSE has announced the settlement calendar for the Offer to Buy through Acquisition Window (Takeover) for SHASHANK TRADERS LIMITED. The bidding window will be open from February 9, 2026 to February 23, 2026, with settlement number 2026012. Obligation download is scheduled for March 9, 2026, and the settlement date is March 10, 2026.
Key Points
- Settlement Type: Takeover (Settlement No. 2026012)
- Bidding period: February 9-23, 2026
- Demat shares must be delivered through Early Pay-in of Shares mechanism only
- Market Type “Takeover” and settlement number 2026012 must be used in depository systems
- CDSL & NSDL early pay-in securities will be earmarked/blocked in clients’ accounts automatically
- No EPN file upload required by Members & Custodians
- Members can refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
Regulatory Changes
No new regulatory changes. This circular follows the Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange as referenced in Notice No.20200528-32 dated May 28, 2020.
Compliance Requirements
- Members/Custodians: Must complete early pay-in of securities in the depository system sufficiently in advance before BSE OTB bidding window closure
- Members/Custodians: Must ensure early pay-in effect is reflected in BSE/ICCL systems before prescribed timelines for bid acceptance/confirmation
- Members/Custodians: Must use Market Type “Takeover” and settlement number 2026012 in depository systems
- Participants: Must ensure timely delivery of demat shares through Early Pay-in mechanism available in both depositories
Important Dates
| Event | Date |
|---|---|
| Bid Start Date | February 9, 2026 |
| Bid End Date | February 23, 2026 |
| Obligation Download | March 9, 2026 |
| Settlement Date | March 10, 2026 |
Impact Assessment
Market Impact: Low - This is a company-specific takeover offer affecting only SHASHANK TRADERS LIMITED.
Operational Impact: Medium for participating members - Members and custodians handling shares of SHASHANK TRADERS LIMITED need to ensure proper early pay-in processes and compliance with the settlement timeline. The automatic earmarking/blocking mechanism in CDSL & NSDL simplifies the process as no separate EPN file upload is required.
Contact: For clarifications, members may contact ICCL Help Desk at 022-69158590/45720490/45720690 or email iccl.helpdesk@icclindia.com
Impact Justification
Routine settlement schedule for a specific takeover offer affecting only SHASHANK TRADERS LIMITED shareholders and participating members.