Open Offer13 Oct 2026, 06:40 pm
Frontier Capital: Open Offer for 26% stake at ₹10.20
AI Summary
Frontier Capital Limited has announced an open offer for the acquisition of up to 43,58,163 equity shares, representing 26% of the total voting share capital, by Mr. Prafful Agarwal and Mrs. Anupam Gupta. The offer price is set at ₹10.20 per fully paid-up equity share. This open offer is being made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Srujan Alpha Capital Advisors LLP has been appointed as the Manager to the Open Offer.
Key Highlights
- Open offer for 26% of Frontier Capital's shares.
- Acquirers: Mr. Prafful Agarwal and Mrs. Anupam Gupta.
- Offer price: ₹10.20 per equity share.
- Compliance with SEBI (SAST) Regulations, 2011.
- Srujan Alpha Capital Advisors LLP is the Manager.
Price Impact
More from FRONTCAP