Finshore Management Services Ltd ("Manager to the Offer") has submitted to BSE a copy of Post Offer Advertisement to the Equity Shareholders under Regulation 18(12) in terms of SEBI (Substantial ....
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An open offer was made by Mr. Narra Purna Babu (the Acquirer) to acquire up to 42,25,442 equity shares of Hypersoft Technologies Ltd at Rs. 11/- per share, representing 26% of the expanded capital. The offer was triggered under Regulations 3(1), 3(2) and 3(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Post-Offer Advertisement was published on 13th November 2025 in Financial Express, Jansatta, Pratahkal (Mumbai edition), and Prabhatha Velugu (Hyderabad edition). Finshore Management Services Ltd acted as the Manager to the Offer. Note that 36,05,000 shares allotted under a preferential issue are locked-in for six months and cannot be tendered in this offer.
This is a procedural closing step in the open offer process. Shareholders who participated will receive Rs. 11/- per share in cash. The offer price is modest and the acquirer is an individual, suggesting a relatively small-scale promoter-level consolidation rather than a marquee transaction.