STOCKWATCH
·
Trading & Distributors
Acquisitions11 Jun 2025, 02:42 pm

Acquirers Announce Open Offer for 26.00% Stake in Bijoy Hans Ltd for ₹2,43,75,125.00

AI Summary

Swaraj Shares and Securities Pvt Ltd, as the Manager to the Offer, has announced that the Acquirers, including U G Patwardhan Services Private Limited, Kaushal Uttam Shah, Agri One India Ventures LLP, and Shantanu Surpure, have announced an Open Offer for the acquisition of up to 19.50,010 Offer Shares representing 26.00% of the Expanded Voting Share Capital of Bijoy Hans Limited from Public Shareholders. The Offer Price of ₹12.50 per Offer Share will be paid in cash, assuming full acceptance, amounting to a maximum consideration of ₹2,43,75,125.00. This Offer is triggered in compliance with the provisions of Regulations 3 (1) and 4 of the SEBI (SAST) Regulations, pursuant to the execution of the Share Purchase Agreement and Share Subscription Agreement.

Key Highlights

  • Acquirers announce Open Offer for 26.00% stake in Bijoy Hans Ltd
  • Offer Price of ₹12.50 per Offer Share, amounting to a maximum consideration of ₹2,43,75,125.00
  • Triggered in compliance with the provisions of Regulations 3 (1) and 4 of the SEBI (SAST) Regulations
  • Execution of Share Purchase Agreement and Share Subscription Agreement
  • Acquirers include U G Patwardhan Services Private Limited, Kaushal Uttam Shah, Agri One India Ventures LLP, and Shantanu Surpure
BIJHANS
Trading & Distributors
BIJOY HANS LTD.

Price Impact