Open Offer5 May 2026, 06:01 pm
Jindal Leasefin: Open Offer for 26% at ₹18 Per Share
AI Summary
Rarever Financial Advisors, acting as the manager to the offer, has submitted a Draft Letter of Offer to BSE on behalf of Tirupati Agrotech Private Limited (the 'Acquirer') to acquire 7,82,314 equity shares of Jindal Leasefin Ltd, representing 26% of the voting capital, at a price of ₹18 per share. This open offer complies with SEBI (SAST) Regulations, 2011. The offer is unconditional and subject to prior approval from the RBI. Public shareholders can consult their stockbroker, investment consultant, or the Manager to the Offer for clarifications.
Key Highlights
- Tirupati Agrotech to acquire 26% stake in Jindal Leasefin via open offer.
- Offer price is ₹18 per equity share, payable in cash.
- Rarever Financial Advisors is the manager to the offer.
- Offer is unconditional and complies with SEBI (SAST) Regulations, 2011.
- Draft Letter of Offer is available on SEBI's website.