Open Offer20 Apr 2026, 07:11 pm
N2N Technologies: Open Offer Letter Submitted to Shareholders
AI Summary
Inga Ventures Pvt Ltd, acting as the Manager to the Offer, has submitted the Letter of Offer to the public shareholders of N2N Technologies Ltd. The open offer is being made by Harmony Remedies India Private Limited, along with PACs Mr. Firoze Nariman Kapadia and Ms. Aditi Vipin Parikh, to acquire up to 12,91,228 equity shares at ₹4.30 per share, representing 40% of the expanded voting capital. The offer period is scheduled from April 30, 2026, to May 14, 2026. SEBI has provided its final observation letter on the Draft Letter of Offer.
Key Highlights
- Open offer by Harmony Remedies India Pvt Ltd for N2N Technologies shares.
- Acquisition of up to 12,91,228 shares at ₹4.30 each.
- Offer represents 40% of the expanded voting capital.
- Open offer period: April 30, 2026, to May 14, 2026.
- SEBI has issued final observations on the Draft Letter of Offer.