ECS Biztech: Post-Offer Advertisement Filed for 26% Stake Acquisition

Beeline Capital Advisors Pvt Ltd, acting as the Manager to the Offer, has submitted a Post-Offer Advertisement to BSE concerning the acquisition of up to 53,44,313 equity shares (26%) of ECS Biztech Limited by Mr. Rakesh Ramanlal Shah and Komal Infotech Private Limited. The offer price was ₹10.50 per share. The offer closed on September 30, 2026, with payment of consideration made on October 09, 2026. While the offer was for 53,44,313 shares, only 715 shares were tendered and accepted. The acquirers had previously acquired 1,34,46,936 shares (65.42%) via a Share Purchase Agreement dated July 29, 2026, which triggered the takeover regulations.