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Trading & Distributors
Open Offer23 Jul 2026, 04:50 pm

Mitshi India: Open Offer for 26% Stake at ₹15/Share

AI Summary

Srujan Alpha Capital Advisors LLP, acting as Manager to the Open Offer, has submitted a Public Announcement regarding an open offer for Mitshi India Limited. Mr. Karronn Naresh Bajaj, the Acquirer, intends to acquire up to 22,88,000 equity shares, representing 26% of the total voting share capital, at a price of ₹15 per share. This open offer is being made in compliance with SEBI (SAST) Regulations, 2011. The announcement is for the attention of the public shareholders of Mitshi India Limited.

Key Highlights

  • Open offer to acquire 26% of Mitshi India's voting share capital.
  • Acquisition price set at ₹15 per fully paid-up equity share.
  • Offer is for up to 22,88,000 equity shares.
  • Managed by Srujan Alpha Capital Advisors LLP.
  • Compliant with SEBI (SAST) Regulations, 2011.