ICCL (Indian Clearing Corporation Limited) has issued Notice No. 20260410-24 dated 10 April 2026 announcing the settlement schedule for the Offer to Buy through the Acquisition Window under Takeover regulations for Switching Technologies Gunther Limited.

Key Points

• Notice issued by ICCL under the Settlement/RMS category for the General segment
• Pertains to the Offer to Buy via the BSE Acquisition Window mechanism under SEBI Takeover Regulations
• Switching Technologies Gunther Limited is the target company for this acquisition/takeover offer
• Settlement schedule details govern the timelines for tendering and clearing of shares
• No attachments accompany this notice

Regulatory Changes

No new regulatory changes introduced. This notice operates under the existing SEBI (Substantial Acquisition of Shares and Takeovers) Regulations framework governing open offer / acquisition window settlements.

Compliance Requirements

• Trading members and custodians participating in the Offer to Buy must adhere to the settlement schedule as prescribed by ICCL
• Shareholders tendering shares through the acquisition window must ensure timely submission per the schedule
• Clearing members must complete pay-in and pay-out obligations within the specified settlement dates

Important Dates

• Notice Date: 10 April 2026
• Specific settlement dates (pay-in/pay-out) to be referenced in the full notice document at the PDF URL provided

Impact Assessment

This circular has a targeted impact on shareholders and trading members involved in the takeover offer for Switching Technologies Gunther Limited. Participants in the acquisition window must follow the ICCL-prescribed settlement schedule to ensure successful transfer of shares and receipt of consideration. Broader market impact is minimal as this is company-specific.