
Open Offer14 Oct 2026, 05:50 pm
Avishkar Infra Realty: Open Offer for 26% Stake at ₹23/Share
AI Summary
Aftertrade Broking Private Limited, acting as the Manager to the Open Offer, has submitted a Public Announcement regarding an open offer for Avishkar Infra Realty Ltd. The offer is made by Nalin Ramaniklal Shah and several Persons Acting in Concert (PACs) to acquire 58,24,853 equity shares, representing 26% of the total voting share capital. The acquisition price is set at ₹23 per equity share, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing also includes unrelated information regarding the resignation of an independent director and an auditor's review report for Bajaj Consumer Care Limited.
Key Highlights
- Open offer announced for 26% stake in Avishkar Infra Realty.
- Acquisition price set at ₹23 per equity share.
- Total of 58,24,853 equity shares to be acquired.
- Offer made by Nalin Ramaniklal Shah and PACs.
- Compliance with SEBI Takeover Regulations confirmed.
Price Impact
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