Octaware Technologies Ltd — Important, 01-01-1970: Company Update

Walking Tree Technologies Private Limited has launched an open offer to acquire up to 9,34,400 equity shares of Octaware Technologies Limited. This move signals a significant strategic development for Octaware, as Walking Tree seeks to increase its stake, potentially leading to a change in control. A Detailed Public Statement regarding the offer has been released and published. This open offer provides existing shareholders an opportunity to tender their shares amidst a potential ownership shift, impacting future operational direction and shareholder structure.