StockWatch
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Non Banking Financial Company (NBFC)
Open Offer15 May 2026, 05:41 pm

Cubical Financial Services: Open Offer for 26% Shares at ₹2.50

AI Summary

Cubical Financial Services Ltd has received a public announcement regarding an open offer by Mr. Manoj Agrawal and Mr. Amit Kumar Saraogi, along with persons acting in concert, to acquire up to 3,77,44,200 equity shares, representing 26% of the company's equity, at a price of ₹2.50 per share. The offer complies with SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. Corporate Makers Capital Limited is managing the offer.

Key Highlights

  • Open offer for 26% of Cubical Financial Services' equity shares.
  • Offer price is ₹2.50 per equity share.
  • Acquirers are Manoj Agrawal and Amit Kumar Saraogi, with PACs.
  • Offer managed by Corporate Makers Capital Limited.
  • Complies with SEBI (SAST) Regulations, 2011.