Cubical Financial Services: Open Offer Announcement

Corporate Makers Capital Limited, acting as Manager to the Offer, has submitted a Pre-Offer Public Announcement for Cubical Financial Services Ltd. The announcement details an open offer to acquire up to 3,77,44,200 equity shares, representing 26% of the company's capital, at an offer price of ₹2.50 per share plus applicable interest of up to ₹0.021. This offer is being made by Mr. Manoj Agrawal and Mr. Amit Kumar Saraogi, along with persons acting in concert. The delay in payment to shareholders is attributed to a delay in obtaining RBI approval for the change in control and management.