Open Offer11 Sept 2026, 04:40 pm
Ishaan Infrastructures: Open Offer Draft Letter of Offer Submitted
AI Summary
Novus Capital Advisors Pvt Ltd, acting as the Manager to the Offer, has submitted a Draft Letter of Offer to BSE concerning an open offer for the public shareholders of Ishaan Infrastructures and Shelters Limited. The offer involves up to 63,48,500 equity shares, representing 10.04% of the expanded voting equity share capital, at an offer price of ₹14 per share. This open offer is being made in compliance with SEBI (SAST) Regulations, 2011, to acquire shares from eligible public shareholders.
Key Highlights
- Open offer for Ishaan Infrastructures public shareholders announced.
- Up to 63.48 lakh shares offered at ₹14 per share.
- Offer represents 10.04% of expanded voting share capital.
- Draft Letter of Offer submitted by Manager to the Offer.
Price Impact
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