Description

BSE/ICCL announces the settlement calendar for the Offer to Buy Acquisition Window (Takeover) for P.H. Capital Limited, with bidding open from May 19 to June 2, 2026 and settlement on June 9, 2026.

Summary

ICCL (Indian Clearing Corporation Ltd.) has published the settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for P.H. Capital Limited. The bidding window opens May 19, 2026 and closes June 2, 2026, with final settlement on June 9, 2026. Members and custodians must use early pay-in of shares via CDSL/NSDL depositories.

Key Points

  • Settlement Type: Takeover; Settlement No. 2026052
  • Bid Start Date: 19/05/2026; Bid End Date: 02/06/2026
  • Obligation Download Date: 08/06/2026
  • Settlement Date: 09/06/2026
  • Demat shares must be delivered exclusively through the Early Pay-in of Shares mechanism available on both CDSL and NSDL
  • Members/Custodians must use Market Type “(Takeover)” and Settlement No. 2026052 in the depository system
  • No EPN file upload is required from Members or Custodians
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges

Regulatory Changes

No new regulatory changes introduced. This notice operates under the existing framework established by 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 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 in the Depository system sufficiently in advance of the BSE OTB Bidding window closure for placing bids (members) and the confirmation window for Custodians
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in client accounts under the requisite market type and settlement number
  • For queries, contact ICCL Help Desk at 022-69158590 / 45720490 / 45720690 or iccl.helpdesk@icclindia.com

Important Dates

  • 19 May 2026: Bid Start Date
  • 02 June 2026: Bid End Date
  • 08 June 2026: Obligation Download
  • 09 June 2026: Settlement Date

Impact Assessment

This circular is relevant to members and custodians participating in the takeover acquisition window for P.H. Capital Limited. The impact is limited to those directly involved in this specific offer. Timely early pay-in of securities is critical to ensure bids are accepted; failure to comply with depository timelines may result in bid rejection or settlement failures.

Impact Justification

Operational notice affecting members and custodians participating in the takeover acquisition window for P.H. Capital Limited; limited to specific participants involved in this offer.