StockWatch
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Civil Construction
Open Offer31 Aug 2026, 08:19 am

Ishaan Infrastructures: Open Offer for 10.04% Stake at ₹14/Share

AI Summary

Ishaan Infrastructures and Shelters Limited is the subject of an Open Offer announced by Misun Pure Lights Private Limited and associates (Acquirers) along with Persons Acting in Concert (PACs). The offer is to acquire up to 63,48,500 equity shares, representing 10.04% of the expanded voting share capital, at a price of ₹14 per share. The total offer value is ₹8,88,79,000. This open offer is made in compliance with SEBI (SAST) Regulations, 2011. The offer size is restricted to the existing public shareholding as per regulatory requirements.

Key Highlights

  • Open offer for 10.04% stake in Ishaan Infrastructures.
  • Acquisition price set at ₹14 per equity share.
  • Total offer value amounts to ₹8.89 Crores.
  • Offer complies with SEBI (SAST) Regulations, 2011.
  • Acquirers and PACs are making the substantial acquisition.