Description

BSE announces the schedule for acquisition window (takeover) of Hypersoft Technologies Limited shares from October 20, 2025 to November 4, 2025, with an offer to acquire up to 42,25,442 equity shares at Rs. 11.00 per share.

Summary

BSE has announced the Live Activities Schedule for the Offer to Buy – Acquisition Window (Takeover) for HYPERSOFT TECHNOLOGIES LIMITED. The offer period runs from Monday, October 20, 2025 to Tuesday, November 4, 2025. The acquirer is offering to purchase up to 42,25,442 equity shares at Rs. 11.00 per share through BSE’s OTB (Offer to Buy) platform.

Key Points

  • Security: HYPERSOFT TECHNOLOGIES LIMITED (Symbol: HYPERSOFT, ISIN: INE039D01014, Scrip Code: 539724)
  • Offer Size: Up to 42,25,442 equity shares
  • Offer Price: Rs. 11.00 per share
  • Face Value: Rs. 10.00
  • Market Lot: 1 share
  • Offer Period: October 20, 2025 to November 4, 2025
  • Trading members can only bid for investors having shares in demat form
  • Multiple investor categories eligible: FII, FI, MF, IC, Other QIBs, Companies, and Individuals

Session Timings

Bid Offering Period

  • Duration: October 20, 2025 to November 4, 2025
  • Timing: 9:15 AM to 3:30 PM

Give-up / Take-up

  • Regular Days: October 20, 2025 to November 3, 2025 (9:15 AM to 3:30 PM)
  • Last Day Give-up: November 4, 2025 (9:15 AM to 3:30 PM)
  • Last Day Take-up: November 4, 2025 (9:15 AM to 4:00 PM)

Bidding Categories

  • Foreign Institutional Buyer (FII)
  • Financial Institution (FI)
  • Mutual Fund (MF)
  • Insurance Companies (IC)
  • Other QIBs (OTH)
  • Other NIB (NOH)
  • Company (CO)
  • Individual (IND)

Platform Access URLs

iBBS Platform

RTRMS

Extranet (Members & Custodians)

Compliance Requirements

  • Trading members must ensure UCC of the investor is registered and/or updated with correct PAN Number and Category in the Exchange UCC database
  • Trading members can only bid for investors having shares in demat form
  • Members and custodians should refer to Exchange Notices No. 20150930-1 (dated September 30, 2015) and No. 20170203-29 (dated February 3, 2017) for operational instructions
  • Files on Extranet for acceptance of bids will be available only after confirmation from Merchant Banker/RTA post-issue closure
  • No End of Issue files will be generated if no securities are accepted

Important Dates

  • Opening Date: Monday, October 20, 2025
  • Closing Date: Tuesday, November 4, 2025
  • Bid Offering Period: October 20-November 4, 2025
  • Give-up/Take-up Period: October 20-November 3, 2025
  • Last Day Give-up: November 4, 2025 (until 3:30 PM)
  • Last Day Take-up: November 4, 2025 (until 4:00 PM)

Contact Information

System Access Support (Trading Operations: 022-22728005, user.trdops@bseindia.com)

  • iBBS new users and password reset
  • RTRMS new users and password reset
  • Extranet access

OTB Module Support

Impact Assessment

Market Impact: Medium - This is a takeover offer for Hypersoft Technologies Limited affecting up to 42,25,442 equity shares. The offer price of Rs. 11.00 per share is slightly above the face value of Rs. 10.00.

Operational Impact: Trading members and custodians need to ensure their systems and processes are ready for the OTB session. They must verify investor UCC details and demat holdings before participating. The 16-day offer window provides adequate time for shareholders to respond.

Shareholder Impact: Existing shareholders of Hypersoft Technologies have the opportunity to tender their shares at Rs. 11.00 per share during the acquisition window. This corporate action may indicate a change in control or significant stake acquisition in the company.

Impact Justification

Corporate action affecting specific stock with defined acquisition window. Medium impact limited to Hypersoft Technologies shareholders and trading members participating in the OTB process.