Jindal Leasefin: Open Offer for 26% Stake at ₹18/Share

Rarever Financial Advisors Pvt. Ltd., acting as the Manager to the Offer, has announced an open offer on behalf of Tirupati Agrotech Private Limited to acquire 7,82,314 equity shares of Jindal Leasefin Limited. This represents 26% of the company's total paid-up equity shares. The offer price is set at ₹18 per equity share, payable in cash. The acquisition is being made pursuant to the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Acquirer has also entered into a Share Purchase Agreement with the Promoter and Promoter group Sellers to acquire 73.11% of the paid-up equity share capital.