Acquisitions27 Mar 2026, 09:22 am
Open Offer for Acquisition of 18,04,508 Shares of Krishna Capital and Securities Limited by Ashu Bishnoi and Yagnik Tank
AI Summary
Ashu Bishnoi and Yagnik Tank have announced an open offer for acquisition of up to 18,04,508 (Eighteen Lakh Four Thousand Five Hundred and Eighty) fully paid-up equity shares of Krishna Capital and Securities Limited, representing 26% of the total equity and voting share capital of the company on a fully diluted basis. The offer price is Rs. 20.00/- (Rupees Twenty only) per equity share. The open offer is being made pursuant to and in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
Key Highlights
- Ashu Bishnoi and Yagnik Tank to acquire up to 18,04,508 shares of Krishna Capital and Securities Limited.
- The offer price is Rs. 20.00/- (Rupees Twenty only) per equity share.
- The open offer represents 26% of the total equity and voting share capital of the company on a fully diluted basis.
- The offer is being made pursuant to and in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
- Grow House Wealth Management Private Limited is the Manager to the Open Offer.