StockWatch
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Stockbroking & Allied
Open Offer11 Nov 2026, 05:40 pm

IIFL Capital Services: 22.84 Lakh Shares Tendered in Open Offer

AI Summary

ICICI Securities Ltd, acting as Manager to the Offer, has reported that 22,84,779 Equity Shares, representing 2.28% of the offer size, have been tendered in the Open Offer for IIFL Capital Services Limited (formerly IIFL Securities Limited). These shares were submitted by FIH Mauritius Investments Ltd and HWIC Asia Fund. The shares were deposited in the "MIIPL IIFL CAPITAL SERVICES LIMITED OPEN OFFER ESCROW DEMAT ACOUNT" with Ventura Securities Limited. The disclosure is based on the escrow account statement received on November 9, 2026. It is clarified that these tendered shares are subject to validation and verification as per SEBI (SAST) Regulations and the Letter of Offer dated October 28, 2026. The final number of accepted shares may differ from the number tendered.

Key Highlights

  • 22,84,779 equity shares tendered in IIFL Capital Services open offer.
  • Represents 2.28% of the total offer size.
  • Tendered shares are subject to validation and verification.
  • Disclosure based on escrow account statement received Nov 9, 2026.