Description
Schedule of activities for Offer to Buy (Acquisition Window/Takeover) of OCTAWARE TECHNOLOGIES LTD shares from November 28, 2025 to December 11, 2025.
Summary
BSE has announced the schedule for the Offer to Buy (Acquisition Window/Takeover) for shares of OCTAWARE TECHNOLOGIES LTD. The offer will be live from Friday, November 28, 2025 to Thursday, December 11, 2025. The offer is for up to 934,400 equity shares at an offer price of Rs. 30 per share. Trading Members and Custodian Members can facilitate bids through the iBBS platform and RTRMS system.
Key Points
- Security Name: OCTAWARE TECHNOLOGIES LTD (Symbol: OCTAWARE)
- ISIN: INE208U01019, Scrip Code: 540416
- Offer Size: Up to 934,400 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
- Trading Members can bid for investors having shares in demat form only
- UCC of investors must be registered with correct PAN Number and Category
Regulatory Changes
No regulatory changes. This is an operational notice for a specific takeover offer following existing OTB framework as per Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017).
Compliance Requirements
For Trading Members and Custodian Members:
- Ensure investor UCC is registered/updated with correct PAN Number and Category in Exchange UCC database
- Can only bid for investors having shares in demat form
- Access iBBS platform via Internet (https://ibbs.bseindia.com/) or Leased Line (https://ibbsll.bseindia.com/)
- Access RTRMS via Internet (https://rtrms.bseindia.com/) or Leased Line (https://rtrmsll.bseindia.com/)
- Access Extranet for bid acceptance files via Internet (https://member.bseindia.com/) or Leased Line (https://memberll.bseindia.com/)
- Note: Extranet files will be available only after Exchange receives confirmation from Merchant Banker/RTA after issue closure
- If no securities are accepted, no End of Issue files will be generated in Extranet
Bidder Categories:
- Foreign Institutional Buyer (FII)
- Financial Institution (FI)
- Mutual Fund (MF)
- Insurance Companies (IC)
- Other QIBs (OTH)
- Other NIB (NOH)
- Company (CO)
- Individual (IND)
Important Dates
Offer Period:
- Opening Date: November 28, 2025
- Closing Date: December 11, 2025
Session Timings (Live OTB Session):
- Bid Offering Period: November 28, 2025 to December 11, 2025 (9:15 AM to 3:30 PM)
- Give-up/Take-up: November 28, 2025 to December 10, 2025 (9:15 AM to 3:30 PM)
- Give-up (last day): December 11, 2025 (9:15 AM to 3:30 PM)
- Take-up (last day): December 11, 2025 (9:15 AM to 4:00 PM)
Impact Assessment
Market Impact: Medium - This takeover offer affects OCTAWARE TECHNOLOGIES LTD shareholders holding up to 934,400 equity shares. The offer price of Rs. 30 per share provides an exit opportunity for existing shareholders during the specified acquisition window.
Operational Impact: Trading Members and Custodian Members facilitating this offer must ensure proper UCC registration, demat account verification, and access to iBBS/RTRMS systems. Contact details provided for technical support:
- Trading Operations: 022-22728005 (user.trdops@bseindia.com)
- Key contacts: Sandeep Pujari, Rushi Bhoir, Hormazdiar Mobedji (Trading Operations)
- Listing Sales: Mangesh Tayde, Rinkesh Gaikwad
Investor Impact: Shareholders of OCTAWARE TECHNOLOGIES LTD have the opportunity to tender their shares during the 14-day offer period through their brokers/trading members.
Impact Justification
Medium importance as this is a specific takeover offer for OCTAWARE TECHNOLOGIES LTD affecting up to 934,400 equity shares. Impact is medium as it's relevant primarily to shareholders of this specific company and trading members facilitating the offer.