Description

Settlement calendar for Harmony Capital Services Limited takeover offer to buy acquisition window from February 11-25, 2026, with settlement in March 2026.

Summary

BSE has announced the settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for HARMONY CAPITAL SERVICES LIMITED. The bidding period runs from February 11, 2026 to February 25, 2026, with settlement number 2026014. Obligation download is scheduled for March 11, 2026 and final settlement on March 12, 2026.

Key Points

  • Settlement Type: Takeover
  • Settlement Number: 2026014
  • 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” must be specified in depository system
  • Members must refer to Notice No.20200528-32 dated May 28, 2020 for revised acquisition guidelines

Regulatory Changes

No new regulatory changes introduced. This circular implements existing revised guidelines for acquisition of shares through stock exchange mechanism as per Notice No.20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members/Custodians must deliver demat shares exclusively through Early Pay-in of Shares mechanism available in both depositories
  • Market Type “Takeover” and Settlement No. 2026014 must be used in depository system
  • Participants must ensure early pay-in securities are reflected in BSE/ICCL systems before prescribed timelines for bid acceptance/confirmation
  • Early pay-in process must be completed sufficiently in advance of BSE OTB Bidding window closure
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in client accounts with requisite market type and settlement number
  • Members NOT required to upload EPN file
  • Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Important Dates

  • February 11, 2026: Bid start date
  • February 25, 2026: Bid end date
  • March 11, 2026: Obligation download
  • March 12, 2026: Final settlement date

Impact Assessment

This circular impacts shareholders of Harmony Capital Services Limited who wish to participate in the takeover offer, as well as BSE trading members and custodians handling the acquisition process. Members must ensure compliance with early pay-in requirements and timeline adherence to facilitate smooth settlement. The 15-day bidding window provides adequate time for participation. Contact support available through ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com for clarifications.

Impact Justification

Settlement schedule for takeover offer affecting Harmony Capital Services Limited shareholders and trading members during the acquisition window period.