StockWatch
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Non Banking Financial Company (NBFC)
Open Offer8 Sept 2026, 07:30 pm

Arnold Holdings: Open Offer for 39% Stake at ₹12.50 Per Share

AI Summary

Arnold Holdings Limited is the subject of a public announcement regarding an open offer for its equity shares. Sobhagya Capital Options Pvt. Ltd. has been appointed as the Manager to the Offer. The open offer, triggered by a Share Purchase Agreement (SPA) executed on September 8, 2026, aims to acquire up to 92,72,250 equity shares, representing 39% of the voting share capital. The offer price is set at ₹12.50 per share, with a total potential consideration of ₹11,59,03,125. The payment will be in cash. This is a triggered, mandatory open offer, not a competing one, and is not subject to a minimum acceptance level.

Key Highlights

  • Open offer to acquire up to 39% of Arnold Holdings' voting share capital.
  • Offer price set at ₹12.50 per equity share.
  • Total potential consideration amounts to ₹11,59,03,125.
  • Offer triggered by SPA for acquisition of 14.95% stake.
  • Sobhagya Capital Options appointed as Manager to the Offer.