Acquisitions8 April 2026 at 01:01 pm
Senthil Infotek Ltd. Faces Open Offer from Synfinx Capital Private Limited
AI Summary
Senthil Infotek Limited has received a Public Announcement from Synfinx Capital Private Limited, acting on behalf of the Acquirers, Mr. Kolli Murali Krishna and Mr. Gogineni Srinivas. The announcement is in accordance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, following the execution of a Share Purchase Agreement (SPA) between the Acquirers and the existing Promoters/Sellers. The SPA, which includes Mr. Pitchandi Chellamani, Mr. Pitchandi Selvam, Ms. Malliga, Ms. P Anuradha, Mrs. Seetha Lakshmi Pitchandi, and Cementeel Constructions Private Limited, outlines the terms and conditions for the sale of shares and the acquisition of control over the company.
Key Highlights
- Public Announcement made by Synfinx Capital Private Limited on behalf of Mr. Kolli Murali Krishna and Mr. Gogineni Srinivas
- Execution of a Share Purchase Agreement (SPA) between the Acquirers and existing Promoters/Sellers
- Acquirers to make an open offer in accordance with SEBI (SAST) Regulations
- Consummation of the Proposed Transaction subject to satisfaction of conditions precedent
- Acquirer will acquire control over the Company upon acquisition of shares