Finshore Management Services Ltd ("Manager to the Offer") has submitted to BSE a copy of Advertisement under Regulation 18(7) in terms of SEBI (Substantial Acquisition of Shares and Takeovers) ....
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An Acquirer has launched a mandatory Open Offer to buy up to 42,25,442 equity shares (26% of the expanded capital) of Hypersoft Technologies Ltd at Rs. 11 per share, against the face value of Rs. 10. The offer is being made under Regulations 3(1), 3(2) and 3(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Finshore Management Services Ltd is acting as the Manager to the Offer. The Pre-Offer Advertisement and a Corrigendum to the Detailed Public Statement were published on 17th October 2025 in Financial Express, Jansatta, Pratahkal, and Prabhatha Velugu. Note: 36,05,000 shares allotted via a recent preferential issue are locked-in for six months and cannot be tendered in this offer.
Eligible public shareholders can tender their shares at Rs. 11 per share, though the offer price offers only a marginal premium over the face value of Rs. 10. This signals a change in controlling stake in the company, and shareholders should evaluate whether to participate based on the prevailing market price versus the offer price.