Acquisitions13 Mar 2026, 05:23 pm
Arco Leasing Ltd: Acquirers to Acquire 25.57% Stake for INR 27,74,970
AI Summary
Arco Leasing Ltd has announced that Jitesh Kothari and Atul Jaiswal, referred to as Acquirers, will acquire 25.57% of the company's expanded voting share capital. This acquisition will be made through an open offer at a price of INR 10.00 per offer share, amounting to INR 27,74,970. The offer is not subject to any minimum level of acceptance and is a triggered mandatory open offer in compliance with the SEBI (SAST) Regulations.
Key Highlights
- Arco Leasing Ltd to be acquired by Jitesh Kothari and Atul Jaiswal
- Acquirers to acquire 25.57% of the company's expanded voting share capital
- Offer price set at INR 10.00 per offer share
- Transaction amounting to INR 27,74,970
- Open offer not subject to any minimum level of acceptance