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Notice No20191113-7Notice Date13 Nov 2019
CategorySettlement/RMSSegmentGeneral
SubjectSettlement Schedule Offer to Buy – Acquisition Window (Takeover) for FRONTIER INFORMATICS LTD
Content

Subject: Settlement Schedule Offer to Buy – Acquisition Window (Takeover) for FRONTIER INFORMATICS LTD.

 

Settlement calendar pertaining to Offer to Buy – Acquisition Window (Takeover) FRONTIER INFORMATICS LTD to be conducted from 14/11/2019 to 27/11/2019 is as under:

 

Settlement Type

Settlement No.

Bid Start Date

Bid End Date

Obligation Download

Settlement Date

Takeover

2019109

14/11/2019

27/11/2019

04/12/2019

05/12/2019

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. 2019109 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.

                      

Early Pay-in for Offer to Buy – Acquisition Window (Takeover) for FRONTIER INFORMATICS LTD.

 

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.

 

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:-

Name of Official

Contact Number

Email ID

BSE Help Desk

022-30594000

bsehelp@bseindia.com

For Indian Clearing Corporation Ltd.

Sanjay Narvankar                                                                             Ajay Darji

Dy. Gen. Manager                                                                           Asst. General Manager

 

November 13, 2019