
Open Offer18 Aug 2026, 12:45 pm
Lippi Systems: Post-Offer Advertisement for Open Offer Published
AI Summary
Lippi Systems Limited has received and is disseminating a Post-Offer Advertisement from Vivro Financial Services Private Limited regarding an open offer to public shareholders. The offer, issued by Vinesh Shivji Dholu and other acquirers, aims to acquire up to 33,82,231 equity shares, representing 25.05% of the expanded share capital. This follows a preferential issue and a share subscription agreement, which will result in the reclassification of certain promoter group members to public. The post-offer advertisement was published on August 17, 2026, in various newspapers, continuing from previous announcements and the detailed public statement dated May 25, 2026.
Key Highlights
- Post-Offer Advertisement published for open offer to public shareholders.
- Acquirers aim to buy 25.05% of expanded share capital.
- Offer follows preferential issue and share subscription agreement.
- Promoter group members to be reclassified to public.
- Advertisement published in Financial Express, Tansatta, Navshakti.
Price Impact
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