
Open Offer27 Oct 2026, 12:59 pm
Inani Securities: Open Offer Draft Letter of Offer Filed
AI Summary
Bonanza Portfolio Ltd, acting as Manager to the Open Offer, has submitted a Draft Letter of Offer to BSE for Inani Securities Ltd. Aikyam Financial Services Private Limited, the Acquirer, is making an Open Offer to acquire up to 11,85,002 Equity Shares, representing 26.00% of the total equity share capital of Inani Securities Ltd. The offer price is ₹60.00 per Equity Share, payable in cash. This acquisition is substantial and involves a change in control and management of the Target Company, in compliance with SEBI (SAST) Regulations, 2011. The tendering period is expected to commence on Friday, December 04, 2026.
Key Highlights
- Open Offer announced for 26% stake in Inani Securities.
- Acquisition by Aikyam Financial Services at ₹60 per share.
- Change in control and management anticipated.
- Draft Letter of Offer submitted to BSE.
Price Impact
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