StockWatch
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Pharmaceuticals
Open Offer11 Jul 2026, 09:30 am

Ortin Global: Parveen Satija Acquires 226 Shares in Open Offer

AI Summary

Rarever Financial Advisors Pvt Ltd, acting as the Manager to the Offer, has submitted a post-offer advertisement for Mr. Parveen Satija's open offer to acquire equity shares of Ortin Global Limited. The offer aimed to acquire 21,14,162 equity shares, representing 26% of the paid-up equity capital, at a price of ₹14.65 per share. The offer opened on June 5, 2026, and closed on June 18, 2026. The payment of consideration and communication of acceptance/rejection was completed by July 3, 2026. While the offer size was for 21,14,162 shares, only 226 shares were actually acquired in the open offer, representing a mere 0.003% of the target company's equity. Mr. Satija's pre-offer shareholding was NIL, and post-offer shareholding is 1.24% (1,00,526 shares).

Key Highlights

  • Open offer by Parveen Satija for Ortin Global shares concluded.
  • Only 226 shares were acquired against an offer of 21,14,162 shares.
  • Acquirer's post-offer shareholding stands at 1.24%.
  • Offer price was ₹14.65 per equity share.
  • Manager to the offer is Rarever Financial Advisors Pvt Ltd.