Inani Securities: Open Offer for 26% Stake at ₹60/Share

Aikyam Financial Services Private Limited, through merchant banker Bonanza Portfolio Limited, has initiated an open offer to acquire up to 11,85,002 equity shares of Inani Securities Limited, representing 26% of the total equity and voting share capital. The offer price is set at ₹60 per share. This acquisition is expected to result in a change of control for Inani Securities, triggering the mandatory open offer under SEBI (SAST) Regulations. The transaction is contingent upon the successful completion of the open offer, obtaining necessary change-in-control approvals for the company's registrations, and fulfilling other conditions outlined in the Share Purchase Agreement. The public announcement was filed on October 12, 2026.