StockWatch
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Non Banking Financial Company (NBFC)
Open Offer6 Aug 2026, 06:21 pm

Arco Leasing: Post-Open Offer Report Filed by JJ IPO Advisor

AI Summary

JJ IPO Advisor Pvt Ltd, acting as the Manager to the Offer, has submitted a Post-Open Offer report to BSE for Arco Leasing Limited. This report, filed under Regulation 27(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, pertains to the open offer made by Mr. Jitesh Kothari and Mr. Atul Ramshankar Jaiswal. The open offer aimed to acquire up to 27,74,970 equity shares, representing 25.57% of the expanded voting share capital, at an offer price of ₹210/- per share. The filing follows a series of public announcements and disclosures made since March 2026, detailing the offer's timeline and terms.

Key Highlights

  • Post-Open Offer report submitted by JJ IPO Advisor Pvt Ltd.
  • Open offer for 25.57% of Arco Leasing at ₹210 per share.
  • Acquirers are Mr. Jitesh Kothari and Mr. Atul Ramshankar Jaiswal.
  • Filing is in compliance with SEBI (SAST) Regulations, 2011.
  • Report details the acquisition of shares from public shareholders.