Description
Settlement calendar for the takeover acquisition window of Hypersoft Technologies Limited, scheduled from October 20, 2025 to November 4, 2025.
Summary
BSE has announced the settlement schedule for the Offer to Buy – Acquisition Window (Takeover) for HYPERSOFT TECHNOLOGIES LIMITED. The acquisition window will be open from October 20, 2025 to November 4, 2025, with Settlement No. 2025103. Obligation download is scheduled for November 18, 2025, and settlement date is November 19, 2025.
Key Points
- Settlement Type: Takeover
- Settlement Number: 2025103
- Bid Start Date: October 20, 2025
- Bid End Date: November 4, 2025
- Obligation Download: November 18, 2025
- Settlement Date: November 19, 2025
- Demat shares must be delivered through Early Pay-in of Shares mechanism only
- Market Type “(Takeover)” and settlement no. 2025103 to be used in depository system
- CDSL & NSDL early pay-in securities will be earmarked/blocked in clients’ accounts
- Members & Custodians NOT required to upload any EPN file
Regulatory Changes
No new regulatory changes. The circular refers to existing guidelines under Notice No.20200528-32 dated May 28, 2020, regarding settlement as per Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange.
Compliance Requirements
- Members/Custodians must use Early Pay-in of Shares mechanism available in both depositories
- Market Type “(Takeover)” and settlement no. 2025103 must be used in the depository system
- Participants must ensure early pay-in securities effect is reflected in BSE/ICCL systems before prescribed timelines
- Complete early pay-in process sufficiently in advance before BSE OTB Bidding window closure for bid placement and confirmation
- Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
- No EPN file upload required from Members & Custodians
Important Dates
Event | Date |
---|---|
Bid Start Date | October 20, 2025 |
Bid End Date | November 4, 2025 |
Obligation Download | November 18, 2025 |
Settlement Date | November 19, 2025 |
Impact Assessment
This takeover acquisition window provides a structured mechanism for shareholders of Hypersoft Technologies Limited to tender their shares during the specified period. The 16-day bid window allows adequate time for shareholders to participate. Members and custodians need to ensure timely early pay-in of securities to facilitate smooth settlement. The impact is primarily operational for brokers, custodians, and shareholders of Hypersoft Technologies Limited who wish to participate in the takeover offer.
Contact Information
For clarifications, contact:
- ICCL Help Desk: 022-69158590 / 45720490 / 45720690
- Email: iccl.helpdesk@icclindia.com
- Jai Ghadi, Assistant Manager, Indian Clearing Corporation Ltd.
- Tajindersingh Virdi, Senior Manager, Indian Clearing Corporation Ltd.
Impact Justification
Takeover acquisition window with specific settlement procedures affecting shareholders of Hypersoft Technologies Limited during the bid period