Description

Settlement calendar for acquisition window takeover of OCTAWARE TECHNOLOGIES LIMITED from 28/11/2025 to 11/12/2025 with settlement on 26/12/2025.

Summary

BSE has announced the settlement calendar for the Offer to Buy - Acquisition Window (Takeover) for OCTAWARE TECHNOLOGIES LIMITED. The acquisition window will operate from November 28, 2025 to December 11, 2025, with Settlement No. 2025129, obligation download on 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 only through Early Pay-in of Shares mechanism available in both depositories
  • Market Type “(Takeover)” and settlement number must be specified in depository system
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in client accounts
  • No EPN file upload required from Members & Custodians

Regulatory Changes

Members and Custodians must follow the Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange as referenced in Notice No.20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members/Custodians: Must deliver demat shares through Early Pay-in of Shares mechanism only
  • Members/Custodians: Must use Market Type “(Takeover)” and settlement No. 2025129 in the depository system
  • Participants: Must ensure early pay-in securities are reflected in BSE/ICCL systems before prescribed timelines for bid acceptance/confirmation
  • Participants: Must complete early pay-in process in Depository system sufficiently in advance before BSE OTB Bidding window closure
  • Members: Should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
  • Members & Custodians: Not required to upload EPN file as securities will be automatically earmarked/blocked

Important Dates

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

Impact Assessment

Market Impact: Medium - This takeover offer affects shareholders of OCTAWARE TECHNOLOGIES LIMITED who may wish to tender their shares during the acquisition window. The 14-day bidding period provides adequate time for shareholder participation.

Operational Impact: Members and Custodians handling OCTAWARE TECHNOLOGIES shares must ensure compliance with early pay-in requirements and proper marking of securities in depository systems with correct settlement number and market type to avoid settlement failures.

Contact Information: For clarifications, Members & Custodians may 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 members dealing in OCTAWARE TECHNOLOGIES shares during acquisition window period