BSE · Corporate Action · Low
BSE sets takeover settlement schedule for Arco Leasing: bids July 3-16
ICCL confirms bid window, obligation download on July 29, and final settlement on July 30, 2026 for Arco Leasing acquisition offer.
What changed
- Bid start: July 3, 2026; bid end: July 16, 2026.
- Obligation download: July 29, 2026; settlement: July 30, 2026.
- Early pay-in of shares required via CDSL/NSDL under market type 'Takeover' and settlement no. 2026082.
The read
This is a routine operational notice for the Arco Leasing takeover offer. ICCL has set a July 3-16 bidding window, with obligation download on July 29 and final settlement on July 30. Participants must use the 'Takeover' market type and settlement no. 2026082 for early pay-in of securities. No new rules are introduced; the framework from Notice No. 20200528-32 applies. For intermediaries handling the offer, missing the early pay-in deadline risks bid rejection.
Arco Leasing LimitedICCLNotice No. 20200528-32
Primary source: official circular (PDF)