Pharmaceuticals
Open Offer2 April 2026 at 12:51 pm

Rekvina Laboratories Ltd Receives Open Offer from Surbhit Mukesh Shah, Amit Mukesh Shah, and Dhruvalkumar Patel

AI Summary

Rekvina Laboratories Ltd has received a draft Letter of Offer from Surbhit Mukesh Shah, Amit Mukesh Shah, and Dhruvalkumar Patel for an open offer to acquire up to 28,90,100 fully paid-up equity shares, representing 26% of the expanded share capital. The offer price is ₹ 10/- (Rupees Ten Only) per Equity Share, payable in cash. The open offer is in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended. The offer is not conditional upon any minimum level of acceptance and is not a competing offer.

Key Highlights

  • Rekvina Laboratories Ltd has received an open offer from Surbhit Mukesh Shah, Amit Mukesh Shah, and Dhruvalkumar Patel.
  • The open offer is for 28,90,100 fully paid-up equity shares, representing 26% of the expanded share capital.
  • The offer price is ₹ 10/- (Rupees Ten Only) per Equity Share, payable in cash.
  • The open offer is in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended.
  • The offer is not conditional upon any minimum level of acceptance and is not a competing offer.