Open Offer21 Oct 2026, 12:23 pm
Frontier Capital Open Offer: 43.58 Lakh Shares at ₹10.20
AI Summary
Frontier Capital Limited has announced an open offer by Mr. Prafful Agarwal and Mrs. Anupam Gupta to acquire up to 43,58,163 equity shares, representing 26.00% of the total voting share capital. The offer price is set at ₹10.20 per fully paid-up share. This open offer is being made under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Detailed Public Statement (DPS) has been published in Financial Express and Jansatta, with staggered publication dates across different editions.
Key Highlights
- Open offer to acquire 26.00% of Frontier Capital's voting shares.
- Offer price set at ₹10.20 per equity share.
- Acquirers are Mr. Prafful Agarwal and Mrs. Anupam Gupta.
- The offer is in compliance with SEBI (SAST) Regulations, 2011.
- Detailed Public Statement published in leading newspapers.
Price Impact
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