StockWatch
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Diversified Commercial Services
Open Offer21 Oct 2026, 07:58 am

Frontier Capital: Open Offer for 26% Shares at ₹10.20

AI Summary

Srujan Alpha Capital Advisors LLP, acting as the Manager to the Offer, has submitted a Detailed Public Statement regarding an open offer for Frontier Capital Limited. The offer is to acquire up to 43,58,163 fully paid-up equity shares, representing 26.00% of the total voting share capital, at a price of ₹10.20 per share. This open offer is being made by Mr. Prafful Agarwal and Mrs. Anupam Gupta to the public shareholders of Frontier Capital Limited. The Detailed Public Statement was published in Financial Express and Jansatta on October 20, 2026, with further publications scheduled for specific editions.

Key Highlights

  • Open offer to acquire 26% of Frontier Capital shares.
  • Offer price set at ₹10.20 per fully paid-up equity share.
  • Mr. Prafful Agarwal and Mrs. Anupam Gupta are the acquirers.
  • Detailed Public Statement submitted and published.
  • The offer is in compliance with SEBI (SAST) Regulations, 2011.