Description

Settlement calendar for takeover offer to buy Classic Filaments Limited shares through acquisition window from February 11-25, 2026 with settlement on March 12, 2026.

Summary

BSE has announced the settlement calendar for the Offer to Buy through Acquisition Window (Takeover) for CLASSIC FILAMENTS LIMITED. The takeover bidding window will operate from February 11, 2026 to February 25, 2026, with obligation download on March 11, 2026 and final settlement on March 12, 2026 under Settlement No. 2026013.

Key Points

  • Settlement Type: Takeover (Settlement No. 2026013)
  • Bid Start Date: February 11, 2026
  • Bid End Date: February 25, 2026
  • Obligation Download: March 11, 2026
  • Settlement Date: March 12, 2026
  • Demat shares must be delivered through Early Pay-in of Shares mechanism only
  • Market Type “(Takeover)” and Settlement No. 2026013 to 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

This notice 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 use Early Pay-in of Shares mechanism available in both depositories
  • Members/Custodians: Must ensure early pay-in effect is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids
  • Members/Custodians: Must complete early pay-in process sufficiently in advance before BSE OTB Bidding window closure
  • Members/Custodians: Must specify Market Type “(Takeover)” and Settlement No. 2026013 in depository system
  • Members: Must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
  • Participants: Early pay-in securities will be automatically earmarked/blocked in requisite market type and settlement number

Important Dates

  • February 11, 2026: Bid Start Date
  • February 25, 2026: Bid End Date
  • March 11, 2026: Obligation Download
  • March 12, 2026: Settlement Date

Impact Assessment

Market Impact: Medium - This is a company-specific takeover acquisition affecting Classic Filaments Limited shareholders and participating members/custodians.

Operational Impact: Members and custodians participating in this takeover must ensure timely early pay-in of securities through the depository system, with proper settlement number and market type designation. The early pay-in mechanism requires advance planning to meet prescribed timelines for bid acceptance and confirmation.

Contact: For clarifications, contact ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com

Impact Justification

Company-specific takeover settlement schedule affecting shareholders and members participating in the acquisition window for Classic Filaments Limited