Description

Revised settlement calendar for the acquisition window (takeover) of Hypersoft Technologies Limited, updating obligation download and settlement dates for the offer period from October 20 to November 4, 2025.

Summary

BSE has issued a revised settlement schedule for the Offer to Buy – Acquisition Window (Takeover) of Hypersoft Technologies Limited. The takeover offer was conducted from October 20, 2025 to November 4, 2025, with updated obligation download and settlement dates. This notice supersedes the previous Notice No. 20251016-13 and provides revised processing timelines for members and custodians.

Key Points

  • Settlement Type: Takeover
  • Settlement Number: 2025103
  • Bid Period: October 20, 2025 to November 4, 2025
  • Revised Obligation Download Date: November 10, 2025
  • Revised Settlement Date: November 11, 2025
  • Demat shares must be delivered exclusively through Early Pay-in of Shares mechanism
  • Market Type identifier “(Takeover)” and settlement number 2025103 must be used in depository system
  • Members can refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges

Regulatory Changes

This circular revises the settlement timeline previously announced in Notice No. 20251016-13. The changes affect the obligation download and settlement dates, pushing them to November 10 and November 11, 2025 respectively.

Compliance Requirements

  • Members and Custodians must deliver demat shares only through the Early Pay-in of Shares mechanism available in both depositories
  • Must use Market Type “(Takeover)” and settlement number 2025103 in the depository system
  • Members and Custodians should refer to Notice No. 20200528-32 dated May 28, 2020 regarding settlement as per Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange
  • Members must check MBRSTD_OTB_CM_mmm_SettNo file for applicable client-wise Stamp Duty charges

Important Dates

  • Bid Start Date: October 20, 2025
  • Bid End Date: November 4, 2025
  • Revised Obligation Download: November 10, 2025
  • Revised Settlement Date: November 11, 2025
  • Notice Date: November 6, 2025

Impact Assessment

This revision impacts members and custodians participating in the Hypersoft Technologies Limited takeover offer. The postponement of the obligation download and settlement dates provides additional processing time. Market participants must ensure compliance with the Early Pay-in mechanism requirements and use correct identifiers in the depository system. For clarifications, participants can contact ICCL Help Desk at 022-69158590/45720490/45720690 or email iccl.helpdesk@icclindia.com.

Impact Justification

Revision affects specific settlement dates for members and custodians participating in the Hypersoft Technologies takeover offer, requiring updated processing timelines.