Open Offer20 May 2026, 07:01 pm
Devinsu Trading: Open Offer for 26% Shares at ₹355
AI Summary
Mark Corporate Advisors Pvt Ltd, the manager to the offer, announced an open offer for Devinsu Trading Limited. Acquirers Jaison Vijay Shah, Mukesh Kumar Bothra, and Yora Gems & Jewellery Private Limited are jointly making an offer to acquire up to 1,52,880 equity shares, representing 26.00% of Devinsu's equity share capital. The offer price is ₹355.00 per equity share, aggregating to a total consideration of ₹5,42,72,400 payable in cash, in compliance with SEBI (SAST) Regulations, 2011.
Key Highlights
- Open offer for 26% of Devinsu Trading Limited's equity shares.
- Offer price is ₹355.00 per equity share.
- Total consideration for the offer is ₹5,42,72,400.
- Acquirers are Jaison Vijay Shah, Mukesh Kumar Bothra, and Yora Gems & Jewellery Private Limited.
- Offer complies with SEBI (SAST) Regulations, 2011.
Price Impact
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