Open Offer12 Oct 2026, 06:20 pm
Inani Securities: Open Offer for 26% stake at ₹60/share
AI Summary
Bonanza Portfolio Ltd, acting as Manager to the Offer, has announced an open offer for Inani Securities Limited (ISL). Aikyam Financial Services Private Limited (Acquirer) intends to acquire up to 11,85,002 Equity Shares, representing 26.00% of ISL's total equity and voting share capital. The offer price is ₹60.00 per Equity Share. This open offer is made pursuant to a Share Purchase Agreement where the Acquirer agreed to acquire 25,94,214 Equity Shares (56.92% of ISL) from the Promoter Sellers at ₹60.00 per share. The total value of the underlying transaction is ₹15,56,52,840.
Key Highlights
- Open offer announced for 26% stake in Inani Securities Limited.
- Offer price set at ₹60.00 per equity share.
- Acquirer Aikyam Financial Services to purchase up to 11,85,002 shares.
- Underlying transaction involves acquisition of 56.92% stake.
- Bonanza Portfolio appointed as Manager to the Offer.
Price Impact
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