StockWatch
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Civil Construction
Open Offer1 Oct 2026, 08:55 am

Mapro Industries: Open Offer for 26% Stake by Arambhveer Ltd

AI Summary

Wealth Mine Networks Ltd, acting as the Manager to the Open Offer, has submitted a Detailed Public Statement to BSE regarding an open offer for Mapro Industries Limited. Arambhveer Limited, along with associated PACs (Mr. Pandurang Ashru Kolbhor, Mr. Shrimant Ramesh Aurade, Ms. Geetanjali Vijay Gavali), intends to acquire up to 21,81,121 equity shares, representing 26.00% of the voting share capital. The offer is made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Detailed Public Statement was published on October 01, 2026, in Financial Express (English), Jansatta (Hindi), and Mumbai Lakshdeep (Marathi).

Key Highlights

  • Open offer launched to acquire 26.00% stake in Mapro Industries.
  • Arambhveer Limited and associated PACs are the acquirers.
  • Offer is for up to 21,81,121 equity shares of face value ₹10 each.
  • The process complies with SEBI (SAST) Regulations, 2011.
  • Detailed Public Statement published on October 1, 2026.