Open Offer25 May 2026, 05:01 pm
Lippi Systems: Open Offer for 33.82 Lakh Shares
AI Summary
Lippi Systems Ltd. has received a Detailed Public Statement regarding an open offer by Vinesh Shivji Dholu, Jagdish Shivji Dholu, Shivji Karamshi Dholu, Jagruti Vinesh Dholu, and Parul Jagdish Dholu to acquire up to 33,82,231 equity shares, representing 25.05% of the expanded share capital, from public shareholders. The offer complies with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Vivro Financial Services Private Limited is the manager for this open offer.
Key Highlights
- Lippi Systems receives Detailed Public Statement for open offer.
- Offer targets 33.82 Lakh equity shares from public shareholders.
- Acquirers include Vinesh, Jagdish, and Shivji Dholu, along with Jagruti and Parul Dholu.
- Open offer complies with SEBI (SAST) Regulations, 2011.
- Vivro Financial Services is the manager to the open offer.
Price Impact
More from LIPPISYS