Tusaldah Ltd: Open Offer for 26% Stake at ₹20/Share

Navigant Corporate Advisors Limited, acting as Manager to the Open Offer, has submitted a Detailed Public Statement for Tusaldah Ltd's equity shareholders. Mr. Sandeep Jagdishprasad Agrawal and Mrs. Anupriya Sandeep Agrawal (Acquirers) are making an open offer to acquire up to 37,83,000 equity shares, representing 26.00% of the expanded equity and voting share capital. The offer price is ₹20 per fully paid-up equity share. This open offer is being made under SEBI (SAST) Regulations, 2011. The Detailed Public Statement was published on October 5, 2026, following a Public Announcement on September 25, 2026. The offer is linked to a proposed preferential issue of 58,56,570 equity shares at ₹20 per share, which includes shares issued to the Acquirers for the acquisition of equity in Tusaldah Ventures Private Limited.