BSE, through ICCL (Indian Clearing Corporation Limited), has published the settlement schedule for the Offer to Buy via the Acquisition Window under the Buyback mechanism for PURETROP FRUITS LIMITED. This notice (No. 20260416-4) provides the settlement timeline that participants must follow when tendering shares in the buyback acquisition window.

Key Points

• Notice No.: 20260416-4, dated 16 April 2026
• Issued by the ICCL department under the Settlement/RMS category
• Applicable to the Offer to Buy – Acquisition Window (Buyback) for PURETROP FRUITS LIMITED
• Segment: General
• No attachments accompanying this notice

Regulatory Changes

No new regulatory changes introduced. This is a procedural notice providing the settlement schedule for an existing buyback offer to buy through the acquisition window mechanism as per SEBI buyback regulations.

Compliance Requirements

• Trading members and participants tendering shares on behalf of shareholders in the PURETROP FRUITS LIMITED buyback must adhere to the settlement schedule specified by ICCL.
• Clearing members are required to ensure timely delivery of shares and settlement of funds as per the schedule published in this notice.

Important Dates

• Notice Date: 16 April 2026
• Specific settlement dates for the acquisition window are governed by this schedule (refer to the official PDF for detailed date-wise settlement timelines).

Impact Assessment

This notice has a moderate, company-specific impact, affecting shareholders and trading members participating in the PURETROP FRUITS LIMITED buyback. The acquisition window settlement schedule ensures orderly processing of buyback transactions on BSE. Participants in the buyback must align their settlement obligations with the prescribed schedule to avoid any penalties or settlement failures.

BSE has announced the opening of the Offer to Buy (Buyback) acquisition window for PURETROP FRUITS LIMITED (formerly known as Freshtrop Fruits Limited). The company intends to buy back up to 11,00,000 fully paid-up equity shares of face value Rs. 10 each at a price of Rs. 200 per share, aggregating up to Rs. 22,00,00,000 (Rs. 22 Crore), through the Stock Exchange tender offer mechanism. The buyback window is open from Friday, April 17, 2026 to Thursday, April 23, 2026.

Key Points

• Buyback of up to 11,00,000 (Eleven Lakh) equity shares of face value Rs. 10 each, representing 13.80% of total issued, subscribed, and paid-up equity share capital
• Buyback price fixed at Rs. 200 per equity share, payable in cash
• Total aggregate consideration up to Rs. 22,00,00,000 (Rs. 22 Crore), excluding transaction costs
• Buyback conducted via Stock Exchange Mechanism (tender offer route) as per SEBI regulations
• Shares divided into two categories: (i) Reserved Category for Small Shareholders and (ii) General Category for all other Eligible Shareholders
• Record date for determining eligible shareholders: Friday, April 10, 2026
• Offer details available on BSE website at www.bseindia.com
• Letter of Offer attached to the notice for market participant reference

Regulatory Changes

No new regulatory changes introduced. This buyback is conducted pursuant to the existing framework:

• SEBI circular no. CIR/CFD/POLICYCELL/1/2015 dated April 13, 2015
• SEBI circular no. CFD/DCR2/CIR/P/2016/131 dated December 09, 2016
• BSE notices: 20170210-16 (Feb 10, 2017), 20190424-35 (April 24, 2019), 20200528-32 (May 28, 2020), 20201102-43 (Nov 02, 2020), 20210825-62 (Aug 25, 2021)

Compliance Requirements

• Trading Members and Custodians must note the opening of the acquisition window and facilitate eligible clients wishing to tender shares
• Participation must be in accordance with SEBI Buyback Regulations and revised Exchange guidelines
• All market participants must adhere to the proportionate basis buyback process under the tender offer mechanism
• Eligible shareholders must have been holding shares as of the Record Date (April 10, 2026) to participate

Important Dates

• Record Date: Friday, April 10, 2026 (for determining eligible shareholders)
• Offer Open Date: Friday, April 17, 2026
• Offer Close Date: Thursday, April 23, 2026
• Notice Date: April 15, 2026

Impact Assessment

This buyback is company-specific and affects only existing shareholders of PURETROP FRUITS LIMITED (formerly Freshtrop Fruits Limited) who held shares as of the record date of April 10, 2026. The buyback represents 13.80% of total equity shares outstanding, at a premium price of Rs. 200 per share. Small shareholders have a reserved category, ensuring equitable access to the buyback. The total outflow for the company is capped at Rs. 22 Crore. Trading members and custodians need to operationally support their eligible clients through the tender offer window. Broader market impact is minimal as this is an isolated corporate action.