KWALITYWL - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/stocks/kwalitywl/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usFri, 08 May 2026 00:00:00 +0000Revised Settlement Schedule: Offer to Buy Acquisition Window (Takeover) for Kwality Wall's (India) Limitedhttps://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-05-08-c19f16c5e04dd6d5-revised-settlement-schedule-offer-to-buy-acquisition-window-takeover-for-kwality/Fri, 08 May 2026 12:18:34 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-05-08-c19f16c5e04dd6d5-revised-settlement-schedule-offer-to-buy-acquisition-window-takeover-for-kwality/ICCL revises the settlement schedule for the Offer to Buy Acquisition Window (Takeover) of Kwality Wall's (India) Limited, updating obligation download and settlement dates to 13/05/2026 and 14/05/2026 respectively.bsemarket-operationsmediummediummediumc19f16c5e04dd6d5https://www.bseindia.com/downloads/UploadDocs/Notices/20260508-20/20260508-20.pdfKWALITYWLsettlementtakeoveracquisitionoffer-to-buyicclkwality-wallssettlement-scheduledematearly-pay-inSummary

The Indian Clearing Corporation Ltd. (ICCL) has issued a revised settlement schedule for the Offer to Buy – Acquisition Window (Takeover) pertaining to Kwality Wall’s (India) Limited. This revision references the original Notice No. 20260417-6 and updates the obligation download and settlement dates for Settlement No. 2026038.

Key Points

  • Settlement Type: Takeover; Settlement No. 2026038
  • Bid period ran from 23/04/2026 to 07/05/2026
  • Revised Obligation Download Date: 13/05/2026
  • Revised Settlement Date: 14/05/2026
  • Demat shares must be delivered exclusively via the Early Pay-in of Shares mechanism available through both depositories
  • Members/Custodians must use Market Type “(Takeover)” and Settlement No. 2026038 in the depository system
  • Stamp Duty charges are available per client in the MBRSTD_OTB_CM_mmm_SettNo file

Regulatory Changes

No new regulatory changes introduced. This notice revises previously communicated settlement calendar dates under Notice No. 20260417-6. Members are also directed to refer to Notice No. 20200528-32 (dated 28 May 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. 2026038 must be entered in the depository system
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
  • Any clarifications should be directed to ICCL Help Desk at 022-69158590 / 45720490 / 45720690 or iccl.helpdesk@icclindia.com

Important Dates

  • Bid Start Date: 23/04/2026
  • Bid End Date: 07/05/2026
  • Revised Obligation Download Date: 13/05/2026
  • Revised Settlement Date: 14/05/2026

Impact Assessment

This revision affects members and custodians participating in the Kwality Wall’s (India) Limited takeover acquisition window. The updated settlement timeline provides a short operational window (13–14 May 2026) for obligation download and final settlement. Participants must ensure timely Early Pay-in of shares to avoid settlement failures. The impact is limited to entities directly involved in this specific takeover transaction.

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