Description

BSE/ICCL revises the settlement schedule for the Offer to Buy Acquisition Window (Takeover) for AAA Technologies Limited, updating obligation download and settlement dates to May 12-13, 2026.

Summary

ICCL (Indian Clearing Corporation Ltd.) has issued a revised settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for AAA Technologies Limited. The bid period ran from April 23, 2026 to May 7, 2026 (Settlement No. 2026041), and the revised obligation download and settlement dates have been updated to May 12 and May 13, 2026 respectively.

Key Points

  • Settlement Type: Takeover; Settlement No.: 2026041
  • Bid period: April 23, 2026 to May 7, 2026
  • Revised Obligation Download Date: May 12, 2026
  • Revised Settlement Date: May 13, 2026
  • Demat shares must be delivered exclusively through the Early Pay-in of Shares mechanism available in both depositories
  • Members/Custodians must use Market Type “(Takeover)” and Settlement No. 2026041 in the depository system
  • Stamp duty charges (client-wise) are available in the MBRSTD_OTB_CM_mmm_SettNo file

Regulatory Changes

This circular revises the settlement calendar originally issued under Notice No. 20260422-11. Members are also directed to refer to Notice No. 20200528-32 dated May 28, 2020 regarding the Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange.

Compliance Requirements

  • Members and Custodians must deliver demat shares only through the Early Pay-in of Shares mechanism
  • Correct Market Type “(Takeover)” and Settlement No. 2026041 must be specified in depository system entries
  • Members should refer to the MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges

Important Dates

  • Bid Start Date: April 23, 2026
  • Bid End Date: May 7, 2026
  • Revised Obligation Download Date: May 12, 2026
  • Revised Settlement Date: May 13, 2026

Impact Assessment

This revision primarily impacts Members and Custodians participating in the AAA Technologies Limited takeover acquisition window. The updated settlement dates require prompt action to ensure timely delivery of demat shares via Early Pay-in. Failure to comply with the revised schedule or use incorrect settlement identifiers in the depository system may result in settlement failures. The impact is limited to participants in this specific takeover transaction.

Impact Justification

Operational update affecting members and custodians involved in the AAA Technologies takeover acquisition window; revised dates require timely action but affects a limited set of participants.