| Revised Settlement Schedule Offer to Buy – Acquisition Window (Takeover) for ORCHID SECURITIES LIMITED |
Subject: Revised Settlement Schedule Offer to Buy – Acquisition Window (Takeover) for ORCHID SECURITIES LIMITED
With reference to our Notice No. 20200320-35 dated March 20, 2020, members and custodians are requested to note revised settlement calendar pertaining to Offer to Buy – Acquisition Window (Takeover) ORCHID SECURITIES LIMITED which will be conducted from 23/03/2020 to 24/04/2020 is as under:
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Settlement Type
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Settlement No.
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Bid Start Date
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Revised Bid End Date
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Revised Obligation Download
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Revised Settlement Date
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Takeover
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2020021
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23/03/2020
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24/04/2020
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05/05/2020
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06/05/2020
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Additional Points:
- Demat shares should be delivered only through the Early Pay-in of Shares mechanism, which is available in both the depositories. In addition to the other details, the Market Type “(Takeover)” and settlement No. 2020021 are to be used by Members/Custodians in the depository system.
- Members/Custodians are requested to refer to Notice No.20170203-29 dated February 03, 2017 and 20170210-23 dated February 10, 2017 regarding settlement as per Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange.
Members/Custodians are also requested to refer to BSE Notice No.20190524-35 dated April 24, 2019, 20170202-34 dated February 02, 2017, 20170210-16 dated February 10, 2017 and 20170210-16 dated February 10, 2017 regarding Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange pursuant to Tender-Offers under Buy-backs, Take over and Takeover for further details.
For any further clarifications, Members & Custodians may contact their relationship managers or BSE Help Desk:-
For Indian Clearing Corporation Ltd.
Sanjay Narvankar Ajay Darji
Dy. Gen. Manager Asst. General Manager
April 07, 2020 |