Description

Schedule of activities for the Offer to Buy (Acquisition Window) of up to 9,34,400 equity shares of OCTAWARE TECHNOLOGIES LTD at Rs. 30 per share, running from November 28, 2025 to December 11, 2025.

Summary

BSE has announced the schedule for the Offer to Buy (Acquisition Window/Takeover) of equity shares of OCTAWARE TECHNOLOGIES LTD (Scrip Code: 540416, Symbol: OCTAWARE, ISIN: INE208U01019). The offer is for up to 9,34,400 equity shares at a price of Rs. 30 per share, with trading window open from November 28, 2025 to December 11, 2025.

Key Points

  • Offer Size: Up to 9,34,400 equity shares
  • Offer Price: Rs. 30 per share
  • Face Value: Rs. 10.00
  • Market Lot: 1
  • Opening Date: Friday, November 28, 2025
  • Closing Date: Thursday, December 11, 2025
  • Security Symbol: OCTAWARE (Scrip Code: 540416)
  • ISIN: INE208U01019
  • Bid Offering Period: 9:15 AM to 3:30 PM (November 28 to December 11, 2025)
  • Give-up/Take-up Period: 9:15 AM to 3:30 PM (November 28 to December 10, 2025)
  • Last Day Give-up: 9:15 AM to 3:30 PM (December 11, 2025)
  • Last Day Take-up: 9:15 AM to 4:00 PM (December 11, 2025)

Regulatory Changes

No regulatory changes introduced. This circular provides operational instructions for an ongoing takeover offer.

Compliance Requirements

  • Trading Members and Custodians must ensure:

    • UCC of investors is registered and/or updated with correct PAN Number and Category in the Exchange UCC database
    • Only investors with shares in demat form can participate through trading members
    • Reference to Exchange Notices No. 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017) for operational instructions

  • Investor Categories Eligible:

    • Foreign Institutional Buyers (FII)
    • Financial Institutions (FI)
    • Mutual Funds (MF)
    • Insurance Companies (IC)
    • Other QIBs (OTH)
    • Other Non-Institutional Buyers (NOH)
    • Companies (CO)
    • Individuals (IND)

  • Platform Access:

    • iBBS platform (Internet and Leased Line URLs provided)
    • RTRMS (Internet and Leased Line URLs provided)
    • Extranet for files (for Members & Custodians)

Important Dates

  • November 28, 2025: Offer opening date; bid offering period begins at 9:15 AM
  • November 28 - December 10, 2025: Give-up/Take-up period (9:15 AM - 3:30 PM)
  • December 11, 2025: Last day of offer
    • Give-up: 9:15 AM - 3:30 PM
    • Take-up: 9:15 AM - 4:00 PM (extended by 30 minutes)
    • Bid offering closes at 3:30 PM

Impact Assessment

Market Impact: Low - This is a company-specific corporate action affecting only OCTAWARE TECHNOLOGIES LTD shareholders.

Operational Impact: Medium for participating members - Trading members and custodians need to ensure proper UCC registration and follow specified procedures for bid placement through iBBS and RTRMS platforms.

Investor Impact: Relevant only to existing OCTAWARE shareholders who wish to tender their shares in the takeover offer at Rs. 30 per share. The offer provides an exit opportunity for shareholders at the specified price.

Contact Support: Multiple contact points provided for technical support regarding iBBS login, RTRMS access, and Extranet issues through Trading Operations team.

Impact Justification

This is a specific corporate action affecting only OCTAWARE TECHNOLOGIES LTD shareholders. The offer size is relatively small (9.34 lakh shares) and impacts a single company, hence low overall market impact.