Description
BSE/ICCL announces the settlement calendar for the Offer to Buy Acquisition Window (Takeover) for AAA Technologies Limited, with bidding from April 23 to May 7, 2026, and settlement on May 20, 2026.
Summary
ICCL (Indian Clearing Corporation Ltd.) has announced the settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for AAA Technologies Limited. The bidding window is open from April 23, 2026 to May 7, 2026, with obligations downloadable on May 19, 2026, and final settlement on May 20, 2026.
Key Points
- Settlement Type: Takeover; Settlement No. 2026041
- Bid Start Date: April 23, 2026; Bid End Date: May 7, 2026
- Demat shares must be delivered exclusively via the Early Pay-in of Shares mechanism (available on both CDSL and NSDL)
- Market Type “(Takeover)” and Settlement No. 2026041 must be used in the depository system
- Members/Custodians are NOT required to upload any EPN file
- Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
- CDSL & NSDL early pay-in securities will be earmarked/blocked in client accounts under the requisite market type and settlement number
Regulatory Changes
No new regulatory changes introduced. Members/Custodians are directed to refer to existing 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 and Custodians must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines for bid acceptance/confirmation on the BSE OTB platform
- Early pay-in must be completed sufficiently in advance before closure of the BSE OTB Bidding window (for members) and Confirmation window (for Custodians)
- Use Market Type “(Takeover)” and Settlement No. 2026041 in depository system entries
- No EPN file upload is required
Important Dates
| Event | Date |
|---|---|
| Bid Start Date | April 23, 2026 |
| Bid End Date | May 7, 2026 |
| Obligation Download | May 19, 2026 |
| Settlement Date | May 20, 2026 |
Impact Assessment
This notice is operationally relevant to stockbroker members and custodians participating in the AAA Technologies Limited takeover acquisition window. The impact is contained to those directly involved in the offer-to-buy process. Participants must plan their early pay-in timelines carefully to avoid rejection of bids due to delayed reflection in BSE/ICCL systems. There is no broad market or retail investor impact beyond those participating in this specific takeover settlement.
Impact Justification
Operational notice relevant to members and custodians participating in the AAA Technologies takeover acquisition window; limited to specific settlement participants and not a broad market-wide change.