Description
Revised settlement calendar for the acquisition window (takeover) 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 via 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, with the revised settlement date of November 11, 2025. This notice supersedes the previous Notice No. 20251016-13.
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
- Demat shares must be delivered only through Early Pay-in of Shares mechanism
- Market Type designation “(Takeover)” and Settlement No. 2025103 to be used in depository systems
- Client-wise stamp duty charges available in MBRSTD_OTB_CM_mmm_SettNo file
Regulatory Changes
No new regulatory changes introduced. This notice implements existing guidelines for acquisition of shares through stock exchange as per Notice No. 20200528-32 dated May 28, 2020.
Compliance Requirements
- Members and Custodians must use Early Pay-in of Shares mechanism available in both depositories for demat share delivery
- Market Type “(Takeover)” and Settlement No. 2025103 must be specified in depository system transactions
- Members must refer to the MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges
- Members and Custodians should refer to Notice No. 20200528-32 (May 28, 2020) regarding settlement procedures under revised acquisition 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 members and custodians participating in the Hypersoft Technologies Limited takeover process. The updated timeline provides clarity on obligation download and settlement dates. Stakeholders must ensure compliance with the Early Pay-in mechanism and proper designation of transaction details in depository systems. The impact is limited to parties involved in this specific takeover transaction. For clarifications, ICCL Help Desk is available at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com.
Impact Justification
Settlement schedule revision affects specific takeover transaction timeline for members and custodians involved in Hypersoft Technologies acquisition