Description
NSE Clearing updates the settlement schedule for the takeover offer under tender offer scheme of Shree Digvijay Cement Company Limited with revised obligation download and settlement dates.
Summary
NSE Clearing Limited has issued a revised settlement calendar for the takeover offer under the Tender Offer Scheme of Shree Digvijay Cement Company Limited. This revision updates the obligation download date to February 2, 2026 and settlement date to February 3, 2026, while maintaining the trading period from January 5-19, 2026. The revision follows earlier circulars NCL/CMPT/72110 (January 1, 2026) and NSE/CMTR/72313 (January 14, 2026).
Key Points
- Settlement Type X, Settlement Number 2026001
- Trade period: January 5, 2026 to January 19, 2026
- Revised obligation download date: February 2, 2026
- Revised settlement date: February 3, 2026
- Settlement schedule may be further revised if there are delays in acceptance details from RTA or funds pay-in by buying trading member
- All other details from circular NCL/CMPT/72110 dated January 1, 2026 remain applicable
Regulatory Changes
No new regulatory changes introduced. This circular provides schedule revisions to an existing takeover offer process.
Compliance Requirements
- Members must note the revised settlement calendar dates
- Trading members must ensure timely funds pay-in to avoid further schedule revisions
- Members should monitor for potential additional schedule changes if delays occur in RTA acceptance details or funds receipt
Important Dates
- Trade Start Date: January 5, 2026
- Trade End Date: January 19, 2026
- Obligation Download: February 2, 2026 (revised)
- Settlement Date: February 3, 2026 (revised)
Impact Assessment
This revision provides updated timeline for shareholders and trading members participating in the takeover offer of Shree Digvijay Cement Company Limited. The extended settlement dates (from original schedule) give additional time for processing but may delay fund receipt for tendering shareholders. Impact is specific to participants in this tender offer and does not affect regular market trading. Members must adjust their operational timelines accordingly and remain vigilant for potential further revisions based on RTA or payment processing delays.
Impact Justification
Affects specific takeover offer participants for Shree Digvijay Cement with revised settlement timeline. Impact limited to shareholders tendering shares in this offer.