
Acquisitions24 Nov 2025, 05:31 pm
Walking Tree Technologies to Acquire 26.02% Stake in Octaware Technologies at Rs. 30/- per Share
AI Summary
Walking Tree Technologies Private Limited has issued a Letter of Offer to acquire up to 9,34,400 Equity Shares of Octaware Technologies Limited, representing 26.02% of the voting share capital. The offer price is set at Rs. 30/- per fully paid up Equity Share, payable in cash. This offer is not conditional upon any minimum level of acceptance and is not a competing offer. The offer is subject to compliance with terms and conditions as set out under the Share Purchase Agreement dated Tuesday, August 12, 2025. The tendering period begins on Wednesday, October 08, 2025 and ends on Thursday, October 23, 2025.
Key Highlights
- Walking Tree Technologies to acquire 26.02% stake in Octaware Technologies
- Offer price set at Rs. 30/- per fully paid up Equity Share
- Not conditional upon any minimum level of acceptance
- Not a competing offer
- Subject to compliance with terms and conditions as set out under the Share Purchase Agreement