Open Offer10 Aug 2026, 07:50 pm
ACI Infocom: Mandavias Launch Open Offer for 26% Stake at ₹1.53
AI Summary
Credora Partners Pvt Ltd, acting as the Manager to the Open Offer, has submitted a Public Announcement on behalf of Mr. Sanjay Natvarlal Mandavia and Ms. Rupal Sanjay Mandavia. The Acquirers intend to acquire up to 3,70,47,634 equity shares, representing 26.00% of the emerging voting share capital of ACI Infocom Limited. The offer price is set at ₹1.53 per equity share, payable in cash. This open offer is being made pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The target company's shares are listed on BSE Limited.
Key Highlights
- Acquirers propose to buy 26% of ACI Infocom's equity.
- Offer price set at ₹1.53 per share.
- Total shares targeted: 3,70,47,634.
- Transaction is an open offer under SEBI (SAST) Regulations.
- Offer managed by Credora Partners Pvt Ltd.
Price Impact
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