Open Offer28 Oct 2026, 05:22 pm
Inani Securities: Open Offer Draft Letter of Offer Received
AI Summary
Inani Securities Limited has received a copy of the Draft Letter of Offer dated October 27, 2026, concerning an open offer made by Aikyam Financial Services Private Limited. The open offer aims to acquire up to 11,85,002 equity shares, representing 26% of the total equity and voting share capital of Inani Securities Limited. The Draft Letter of Offer has been submitted to the Securities and Exchange Board of India (SEBI) by Bonanza Portfolio Limited, a SEBI-registered Merchant Banker.
Key Highlights
- Open offer for 26% stake in Inani Securities announced.
- Aikyam Financial Services Private Limited is the acquirer.
- Draft Letter of Offer submitted to SEBI.
- Bonanza Portfolio Limited is the appointed Merchant Banker.
Price Impact
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