StockWatch
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Non Banking Financial Company (NBFC)
Open Offer13 Oct 2026, 05:50 pm

J.A. Finance: Independent Directors Review Open Offer

AI Summary

The Committee of Independent Directors of J.A. Finance Ltd met on October 13, 2026, to review an open offer made by Mr. Sachin Ishwarchand Goyal, Mr. Numan Sachin Goyal, and Mr. Salil Vijay Sathe. The acquirers propose to acquire up to 27,68,671 equity shares, representing 26.00% of the company's paid-up equity and voting share capital. The committee's recommendations on this open offer will be published in the same newspapers as the Detailed Public Statement dated February 04, 2025, and will be submitted to SEBI and the stock exchanges.

Key Highlights

  • Independent Directors reviewed an open offer for 26.00% stake.
  • Open offer is for up to 27,68,671 equity shares.
  • Acquirers are Mr. Sachin Ishwarchand Goyal and associates.
  • Recommendations to be published and submitted to regulators.