Description

Settlement calendar for acquisition of shares through takeover mechanism for Hypersoft Technologies Limited, with bidding period from October 20 to November 4, 2025.

Summary

BSE has announced the settlement calendar for the Offer to Buy through Acquisition Window (Takeover) for HYPERSOFT TECHNOLOGIES LIMITED. The takeover bidding window will be open from October 20, 2025 to November 4, 2025, with settlement number 2025103. Obligation download is scheduled for November 18, 2025, and final settlement on November 19, 2025.

Key Points

  • Settlement Type: Takeover (Settlement No. 2025103)
  • Bidding Period: October 20, 2025 to November 4, 2025
  • Demat shares must be delivered through Early Pay-in of Shares mechanism only
  • Market Type “Takeover” and settlement number 2025103 to be used in depository systems
  • Securities will be earmarked/blocked in client accounts with requisite market type and settlement number
  • Members and Custodians NOT required to upload EPN file
  • Client-wise stamp duty charges available in MBRSTD_OTB_CM_mmm_SettNo file
  • Early pay-in must be completed sufficiently in advance before bidding window closure

Regulatory Changes

No new regulatory changes introduced. This circular implements existing revised guidelines for mechanism for acquisition of shares through Stock Exchange as per Notice No.20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members/Custodians: Must ensure demat shares are delivered only through Early Pay-in of Shares mechanism available in both depositories (CDSL and NSDL)
  • Members/Custodians: Must use Market Type “Takeover” and Settlement No. 2025103 in depository system entries
  • Participants: Must ensure early pay-in securities effect is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids on BSE OTB platform
  • Members/Custodians: Must complete early pay-in process sufficiently in advance before BSE OTB bidding window closure for placing bids and confirmation window for custodians
  • Members: Should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Important Dates

  • October 20, 2025: Bid Start Date (Takeover window opens)
  • November 4, 2025: Bid End Date (Takeover window closes)
  • November 18, 2025: Obligation Download
  • November 19, 2025: Settlement Date

Impact Assessment

This takeover offer impacts shareholders of Hypersoft Technologies Limited who wish to participate in the acquisition window. Trading members and custodians handling shares of this company must ensure compliance with early pay-in mechanisms and timelines. The 16-day bidding window provides adequate time for shareholders to participate. Non-compliance with early pay-in requirements or missing prescribed timelines could result in rejection of bids. Impact is localized to Hypersoft Technologies shareholders and their intermediaries.

Impact Justification

Company-specific takeover settlement schedule affecting shareholders and trading members dealing with Hypersoft Technologies shares during the acquisition window period.