GSL Securities: Open Offer for 26% stake at ₹242 per share

Mark Corporate Advisors Pvt Ltd, acting as the Manager to the Offer, has submitted a Public Announcement regarding an Open Offer for GSL Securities Limited. The offer is triggered by Mr. Shrikant Mitesh Bhangdiya, Ms. Aarti Shrikant Bhangdiya, and Ms. Sonal Kirtikumar Bhangdiya, who collectively represent the 'Acquirers'. They intend to acquire up to 11,11,526 equity shares, representing 26.00% of the total equity share capital of GSL Securities. The offer price is set at ₹242 per equity share, with a total consideration of ₹4,66,84,092.00 payable in cash. This Open Offer is made in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.