Description

Settlement calendar for the Offer to Buy acquisition window (takeover) for OCTAWARE TECHNOLOGIES LIMITED, to be conducted from November 28, 2025 to December 11, 2025.

Summary

BSE has announced the settlement calendar for the Offer to Buy – Acquisition Window (Takeover) for OCTAWARE TECHNOLOGIES LIMITED. The acquisition window will be conducted from November 28, 2025 to December 11, 2025, with settlement number 2025129. Obligation download is scheduled for December 24, 2025, and final settlement on December 26, 2025.

Key Points

  • Settlement Type: Takeover
  • Settlement Number: 2025129
  • Bid Start Date: November 28, 2025
  • Bid End Date: December 11, 2025
  • Obligation Download: December 24, 2025
  • Settlement Date: December 26, 2025
  • Demat shares must be delivered through Early Pay-in of Shares mechanism only
  • Market Type “(Takeover)” and settlement number 2025129 to be used in depository systems
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in clients’ accounts
  • No EPN file upload required by Members & Custodians

Regulatory Changes

No new regulatory changes. The circular references existing guidelines from Notice No.20200528-32 dated May 28, 2020, regarding settlement as per Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange.

Compliance Requirements

  • Members/Custodians must deliver demat shares only through Early Pay-in of Shares mechanism available in both depositories
  • Participants must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids
  • Early pay-in process must be completed sufficiently in advance before BSE OTB Bidding window closure
  • Members must use Market Type “(Takeover)” and settlement number 2025129 in depository system
  • Members should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
  • Securities will be earmarked/blocked in clients’ accounts in requisite market type and settlement number

Important Dates

  • November 28, 2025: Bid Start Date
  • December 11, 2025: Bid End Date
  • December 24, 2025: Obligation Download
  • December 26, 2025: Settlement Date

Impact Assessment

Market Impact: Limited to shareholders and market participants involved in OCTAWARE TECHNOLOGIES LIMITED. This is a company-specific takeover event.

Operational Impact: Trading members and custodians handling OCTAWARE TECHNOLOGIES shares must adhere to the early pay-in mechanism and specified timelines. The early pay-in requirement ensures securities are available before bid confirmation deadlines.

Member Impact: Members need to coordinate with clients holding OCTAWARE shares and ensure timely early pay-in processing. Stamp duty charges will apply as per client-wise details in the specified file.

Contact Information: For clarifications, members and custodians can contact ICCL Help Desk at 022-69158590/45720490/45720690 or email iccl.helpdesk@icclindia.com

Impact Justification

Company-specific takeover settlement schedule affecting shareholders and trading members dealing with OCTAWARE TECHNOLOGIES LIMITED shares during the acquisition window period