Open Offer4 Jun 2026, 06:01 pm
Devinsu Trading: Open Offer Draft Letter of Offer Submitted
AI Summary
Mark Corporate Advisors Pvt Ltd, acting as the Manager to the Offer, has submitted a Draft Letter of Offer to the BSE for the public shareholders of Devinsu Trading Ltd. The open offer is being made by Mr. Jaison Vijay Shah, Mr. Mukesh Kumar Bothra, and Yora Gems & Jewellery Private Limited to acquire up to 1,52,880 equity shares, representing 26.00% of the voting share capital, at an offer price of ₹355.00 per share. This offer is in accordance with SEBI (SAST) Regulations, 2011 and is not conditional on a minimum acceptance level or a competing offer.
Key Highlights
- Draft Letter of Offer for Devinsu Trading open offer submitted.
- Offer price set at ₹355.00 per equity share.
- Acquirers aim to buy up to 26.00% stake.
- Offer complies with SEBI (SAST) Regulations, 2011.
- No minimum acceptance level required for the offer.
Price Impact
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