StockWatch
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Non Banking Financial Company (NBFC)
Open Offer12 Oct 2026, 03:25 pm

Brijlaxmi Leasing Open Offer Withdrawn

AI Summary

Saffron Capital Advisors Pvt. Ltd., acting as the Manager to the Open Offer, has announced the withdrawal of the open offer for Brijlaxmi Leasing and Finance Limited. The offer, managed by Jaykishor Chaitanyakishor Chaturvedi, Siddharth Jaykishor Chaturvedi, Ankur J Chaturvedi, and Brijlaxmi Infotech Limited, was intended to acquire up to 64,99,889 equity shares at ₹10.05 per share, totaling ₹6,53,23,884.45. The withdrawal is in compliance with Regulation 23(2)(a) of the SEBI (SAST) Regulations, 2011. The announcement was published in Financial Express, Jansatta, and Navshakti.

Key Highlights

  • Open offer for Brijlaxmi Leasing and Finance withdrawn.
  • Acquirers intended to buy 64,99,889 shares at ₹10.05 each.
  • Total offer value was ₹6,53,23,884.45.
  • Withdrawal is compliant with SEBI (SAST) Regulations.
  • Announcement published in major newspapers.