Subject: Settlement Schedule Offer to Buy – Acquisition Window (Buyback) for GRANULES INDIA LTD.
Settlement calendar pertaining to Offer to Buy – Acquisition Window (Buyback) GRANULES INDIA LTD. to be conducted from 08/06/2020 to 19/06/2020 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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Bid End Date
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Obligation Download
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Settlement Date
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Buyback
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2020028
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08/06/2020
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19/06/2020
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29/06/2020
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30/06/2020
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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 “(Buyback)” and settlement No.2020028 are to be used by Members/Custodians in the depository system.
- Members/Custodians are requested to refer to Notice No.20200528-32 dated May 28, 2020 regarding settlement as per Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange.
Participants must ensure that effect of their early pay-in of securities is reflected in BSE/ICCL systems before the prescribed timelines for accepting/confirmation of Bids by the BSE OTB platform. For this purpose, they must complete the process of early pay-in of securities in the Depository system sufficiently in advance before the prescribed timelines for closure of BSE OTB Bidding window for placing the bids by members and confirmation window for confirming the Bids by Custodians
In case of CDSL early pay-in will be required to be done by clients directly to the early pay-in account of the member/custodians and in case of NSDL early pay-in securities will be earmarked / blocked in clients account, client will execute instructions for transfer of security to the member’s NSDL pool a/c in requisite market type and settlement number.
Members & Custodians are NOT required to upload any EPN file for the same.
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
June 05, 2020
