BSE, through ICCL (Indian Clearing Corporation Ltd), has issued a revised settlement schedule for the Offer to Buy via the Acquisition Window in connection with the delisting of Orient Steel & Industries Ltd. This notice (No. 20260409-40) supersedes the earlier schedule and applies to the Settlement/RMS category under the General segment.

Key Points

• Notice No. 20260409-40 dated 09 April 2026
• Issued by ICCL (BSE’s clearing corporation) under the Settlement/RMS category
• Pertains to the Offer to Buy – Acquisition Window mechanism used in the delisting of Orient Steel & Industries Ltd
• The settlement schedule has been revised; participants should refer to this updated notice for applicable dates and obligations
• No attachment is included with this circular; details are contained within the notice itself

Regulatory Changes

No new regulatory framework is introduced. This notice revises the operational settlement timeline previously communicated for the delisting acquisition window of Orient Steel & Industries Ltd.

Compliance Requirements

• Trading members, clearing members, and custodians participating in the Offer to Buy – Acquisition Window for Orient Steel & Industries Ltd must adhere to the revised settlement schedule as specified in this notice
• Participants should update their internal systems and settlement workflows to reflect the new schedule

Important Dates

• Notice Date: 09 April 2026
• Revised settlement dates: Refer to the specific schedule detailed within Notice No. 20260409-40 (no attachment provided; dates are embedded in the notice text)

Impact Assessment

This circular has a targeted impact on market participants involved in the delisting process of Orient Steel & Industries Ltd. Clearing members, trading members, and investors tendering shares through the acquisition window must align with the updated settlement timeline to avoid settlement failures or penalties. The broader market impact is limited given it concerns a single company’s delisting event.