Open Offer6 May 2026, 02:36 pm
Avi Products: Open Offer for 26% Shares at ₹33/Share
AI Summary
Mark Corporate Advisors, manager to the offer, submitted a Letter of Offer to BSE for the open offer to public shareholders of Avi Products India Ltd. PPMS Real Estates LLP is making an open offer to acquire up to 859,769 equity shares of Avi Products, representing 26% of the voting share capital, at a price of ₹33 per share, payable in cash. The offer is unconditional and not a competing offer.
Key Highlights
- PPMS Real Estates LLP announces open offer for Avi Products India Ltd.
- Offer is to acquire 26% of Avi Products' equity at ₹33 per share.
- Mark Corporate Advisors is the manager to the open offer.
- The offer is unconditional and not subject to any minimum level of acceptance.
- Offer price may be subject to upward revision as per SEBI regulations.