Saffron Capital Advisors to Acquire 64,99,889 Equity Shares of Brijlaxmi Leasing & Finance Ltd

Saffron Capital Advisors Pvt Ltd, through its representatives Acquirer 1, Acquirer 2, Acquirer 3, and Acquirer 4, has proposed to acquire up to 64,99,889 equity shares of Brijlaxmi Leasing and Finance Limited for cash at a price of ₹ 10.05/- per equity share. The total value of the acquisition is ₹ 6,53,23,884.45/. The Draft Letter of Offer was submitted to SEBI on December 19, 2025, and the final comments were provided by SEBI on March 24, 2026. The Letter of Offer will be sent to the eligible shareholders of the Target Company after incorporating the comments from the SEBI Observation Letter. The payment to successful Public Shareholders will be made within 10 working days from the last date of the tendering period, along with interest for the delay.