ECS Biztech: Open Offer for 26% Stake at ₹10.50 Per Share

Beeline Capital Advisors Pvt Ltd, acting as Manager to the Offer, has submitted a Public Announcement for an open offer concerning ECS Biztech Limited. The offer aims to acquire up to 53,44,313 equity shares, representing 26% of the total paid-up share capital, at a price of ₹10.50 per share. This open offer is being made pursuant to SEBI (SAST) Regulations. The acquirer and PAC will gain substantial equity shares and control over the target company post-completion. The total offer consideration aggregates to ₹5,61,15,286.50.