Description
BSE/ICCL announces the settlement schedule for the Offer to Buy through the Acquisition Window under Takeover regulations for N2N Technologies Limited.
Summary
ICCL (Indian Clearing Corporation Limited) has issued a settlement schedule for the Offer to Buy through the Acquisition Window (Takeover) for N2N Technologies Limited. This notice (No. 20260427-11) dated 27 April 2026 falls under the Settlement/RMS category and is applicable to the General segment.
Key Points
- Notice issued by ICCL under the Settlement/RMS category for the General segment
- Pertains to the Offer to Buy via the Acquisition Window mechanism under Takeover regulations
- Applicable specifically to N2N Technologies Limited
- No attachments provided with this notice
Regulatory Changes
No new regulatory changes are introduced. This notice operationalizes existing SEBI Takeover Regulations by specifying the settlement schedule for the acquisition window offer.
Compliance Requirements
- Market participants (brokers, clearing members) involved in the Offer to Buy for N2N Technologies Limited must adhere to the settlement schedule as specified by ICCL
- Sellers tendering shares in the acquisition window must ensure timely delivery obligations as per the schedule
Important Dates
- Notice Date: 27 April 2026
- Specific settlement dates for the acquisition window are governed by this notice (refer to the full PDF for detailed schedule)
Impact Assessment
This circular has a targeted impact on shareholders and trading members participating in the N2N Technologies Limited takeover offer. It ensures orderly settlement of shares tendered through the acquisition window. The broader market impact is limited, as this applies only to participants in this specific open offer.
Impact Justification
Company-specific takeover settlement notice affecting shareholders and market participants involved in the N2N Technologies Limited acquisition window; limited broader market impact.