
Open Offer13 Oct 2026, 06:20 pm
Frontier Capital: Open Offer Revised Due to Typo
AI Summary
Srujan Alpha Capital Advisors LLP, acting as the Manager to the Offer, has submitted a revised Public Announcement for Frontier Capital Ltd's open offer. The offer, by Mr. Prafful Agarwal and Mrs. Anupam Gupta, aims to acquire up to 43,58,163 equity shares (26% of total voting capital) at ₹10.20 per share. A typographical error in the definition of 'Equity Shares' in the original announcement has been corrected. The revised announcement clarifies the total number of equity shares in the target company. The offer is made in compliance with SEBI (SAST) Regulations, 2011.
Key Highlights
- Open offer for 26% of Frontier Capital shares at ₹10.20 per share.
- Revised announcement corrects a typographical error in share definition.
- Acquirers are Mr. Prafful Agarwal and Mrs. Anupam Gupta.
- Offer is in compliance with SEBI (SAST) Regulations, 2011.
- Total shares to be acquired: 43,58,163.
Price Impact
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