Genomic Valley Biotech: Open Offer for 26% stake at ₹30/share

Fintellectual Corporate Advisors Pvt Ltd, acting as the Manager to the Open Offer, has submitted a Public Announcement regarding an open offer for the acquisition of up to 7,94,170 equity shares of Genomic Valley Biotech Limited (GVBL). The offer represents 26.00% of the voting share capital. The acquirers, Mr. Pankaj Grover and Mr. Abhisek Gupta, are offering ₹30 per equity share. This open offer is being made pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The total value of the offer, based on the maximum number of shares, is approximately ₹23.82 Crore.