Open Offer7 May 2026, 11:01 pm
IIFL Capital: Open Offer for 26% Shares by FIH Mauritius
AI Summary
IIFL Capital Services Ltd has announced a public open offer by FIH Mauritius Investments Ltd, along with HWIC Asia Fund (Class A Shares) as a person acting in concert, to acquire up to 10,01,44,112 equity shares, representing 26% of the expanded voting share capital. The offer is made pursuant to SEBI regulations, with ICICI Securities Limited acting as the manager to the offer. The target company's expanded voting share capital includes subscription shares and employee stock options.
Key Highlights
- FIH Mauritius Investments Ltd announces open offer for IIFL Capital Services.
- Offer targets acquisition of 26% of IIFL Capital's expanded voting share capital.
- ICICI Securities Limited is managing the open offer on behalf of the acquirer.
- The open offer is in compliance with SEBI (SAST) Regulations, 2011.
- Offer involves acquisition of up to 10,01,44,112 equity shares.