Fintellectual Corporate Advisors Pvt. Ltd. ("Manager to the Open Offer") has submitted to BSE a copy of Post Offer Advertisement under Regulation 18(12) in terms of SEBI (Substantial Acquisition ....
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Fintellectual Corporate Advisors, acting as the Manager to the Open Offer, has submitted a copy of the Post Offer Advertisement dated December 19, 2025, to BSE for the open offer made by Walking Tree Technologies Private Limited to acquire up to 9,34,400 equity shares from the shareholders of Octaware Technologies Limited. The advertisement was published on December 20, 2025, in Financial Express (English, all editions), Jansatta (Hindi, all editions), and Pratahkal (Marathi, Mumbai edition), in compliance with Regulation 18(12) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This filing indicates that the open offer process has reached its final stage, with the post-offer advertisement confirming the completion or conclusion of the tendering period.
The open offer process is effectively coming to a close. Shareholders who tendered shares will see the transaction settled, and the acquirer Walking Tree Technologies will finalize its shareholding in Octaware. Going forward, attention should shift to potential changes in management, board composition, or strategic direction of the target company.