Description

Settlement schedule for takeover offer to buy acquisition window for Classic Filaments Limited from February 11 to February 25, 2026.

Summary

BSE announces the settlement schedule for Offer to Buy – Acquisition Window (Takeover) for CLASSIC FILAMENTS LIMITED. The takeover bidding window will be open from February 11, 2026 to February 25, 2026, with settlement number 2026013. Obligation download is scheduled for March 11, 2026 and settlement date is March 12, 2026.

Key Points

  • Settlement Type: Takeover, Settlement Number: 2026013
  • Bidding Period: February 11, 2026 to February 25, 2026
  • Demat shares must be delivered through Early Pay-in mechanism only
  • Market Type “Takeover” and settlement number 2026013 to be used in depository system
  • Securities will be earmarked/blocked in clients’ accounts in CDSL and NSDL
  • No EPN file upload required from members and custodians
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Regulatory Changes

No new regulatory changes. Members and custodians are requested to refer to 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 demat shares are delivered only through Early Pay-in mechanism available in both depositories
  • Participants must complete early pay-in process sufficiently in advance before prescribed timelines for BSE OTB bidding window closure
  • Early pay-in securities must be reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids
  • Members must use Market Type “Takeover” and settlement number 2026013 in depository system
  • Members to review MBRSTD_OTB_CM_mmm_SettNo file for stamp duty charges

Important Dates

  • February 10, 2026: Notice Date
  • February 11, 2026: Bid Start Date
  • February 25, 2026: Bid End Date
  • March 11, 2026: Obligation Download
  • March 12, 2026: Settlement Date

Impact Assessment

This notice has limited market-wide impact as it pertains specifically to the takeover of Classic Filaments Limited. The impact is primarily on shareholders of Classic Filaments who wish to participate in the acquisition window and on members/custodians handling the settlement process. Standard takeover settlement procedures apply with early pay-in requirements through depositories. For clarifications, ICCL Help Desk is available at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com.

Impact Justification

Company-specific takeover settlement notice with standard procedural requirements. Limited market-wide impact but important for shareholders of Classic Filaments Limited.