Open Offer25 Jun 2026, 06:50 pm
Craftroot Retail Submits Post Open Offer Report for Nirbhay Colours
AI Summary
Craftroot Retail Limited (formerly Nirbhay Colours India Limited) has submitted a Post Open Offer Report under Regulation 27(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The report pertains to an open offer made by Mr. Dakshesh Rameshchandra Shah and six other acquirers to public shareholders of Nirbhay Colours India Limited. The offer involved acquiring 14,19,700 equity shares, representing 42.38% of the voting share capital. Wealth Mine Networks Limited acted as the Manager to the Offer, and MCS Share Transfer Agent Limited was the Registrar. The report was received on June 24, 2026.
Key Highlights
- Craftroot Retail submits post open offer report as per SEBI regulations.
- Open offer targeted 14,19,700 equity shares of Nirbhay Colours India.
- Acquisition represented 42.38% of the target company's voting share capital.
- Wealth Mine Networks Limited served as the Manager to the Offer.
- The filing is a regulatory requirement following the open offer period.
Price Impact
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