Octaware Technologies Ltd — Important, 24-11-2025: Company Update

Walking Tree Technologies has launched an Open Offer for up to 9.34 lakh shares of Octaware Technologies at ₹30 each, targeting 26.02% of voting capital. This builds on a prior 3.12 Cr acquisition of 12.48 lakh shares from a promoter, aiming for 71.92% ownership to boost Octaware's IT business and ensure public shareholding compliance. The Acquirer's financial results for the quarter reported revenues of 11.85 Cr and 0.44 Cr profit; Octaware's financial results for the half-year showed 7.07 Cr income and a 0.05 Cr loss. Independent Directors will issue their view on the offer.