Description

Revised settlement calendar for the takeover offer of Hypersoft Technologies Limited conducted from October 20 to November 4, 2025, with updated obligation download and settlement dates.

Summary

BSE has issued a revised settlement schedule for the Offer to Buy under Acquisition Window (Takeover) for Hypersoft Technologies Limited. The takeover bid period ran from October 20, 2025 to November 4, 2025 (Settlement No. 2025103). The revised obligation download date is November 10, 2025, and the revised settlement date is November 11, 2025.

Key Points

  • Settlement Type: Takeover (Settlement No. 2025103)
  • Bid Period: October 20, 2025 to November 4, 2025
  • Revised Obligation Download Date: November 10, 2025
  • Revised Settlement Date: November 11, 2025
  • This circular revises Notice No. 20251016-13
  • Demat shares must be delivered only through Early Pay-in of Shares mechanism
  • Early Pay-in mechanism is available in both depositories

Regulatory Changes

No new regulatory changes introduced. This circular provides revised settlement dates for an existing takeover process under the mechanism for acquisition of shares through Stock Exchange as per guidelines referenced in Notice No. 20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members/Custodians must use Market Type “(Takeover)” and Settlement No. 2025103 in the depository system
  • Demat shares delivery is mandatory through Early Pay-in of Shares mechanism only
  • Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
  • Members/Custodians should refer to Notice No. 20200528-32 dated May 28, 2020 for settlement guidelines

Important Dates

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

Impact Assessment

This revision impacts trading members and custodians participating in the Hypersoft Technologies Limited takeover offer. The updated settlement schedule provides participants with revised deadlines for obligation download and final settlement. Shareholders who tendered shares during the bid period need to ensure compliance with the Early Pay-in mechanism. The impact is specific to this particular takeover transaction and does not affect general market operations. Members should coordinate with ICCL Help Desk (022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com) for clarifications.

Impact Justification

Revised settlement schedule for a specific takeover transaction affecting shareholders and trading members of Hypersoft Technologies Limited with updated compliance deadlines