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Acquisitions10 Feb 2026, 04:52 pm

Wealth Mine Networks to Acquire 42.38% Stake in Nirbhay Colours India Ltd for INR 14,19,700

AI Summary

Wealth Mine Networks Ltd, on behalf of Acquirers, has submitted a Draft Letter of Offer to the equity shareholders of Nirbhay Colours India Ltd. The Open Offer is made to acquire up to 14,19,700 Equity Shares, representing 42.38% of the fully diluted capital, at a price of INR 10 per share. The Offer is not conditional upon any minimum level of acceptance and is not a competing offer. The Offer opens on 03rd February, 2026 and closes on 16th February, 2026.

Key Highlights

  • Wealth Mine Networks to acquire 42.38% stake in Nirbhay Colours India Ltd
  • Offer price set at INR 10 per equity share
  • Not a competing offer
  • Not conditional upon any minimum level of acceptance
  • Offer opens on 03rd February, 2026 and closes on 16th February, 2026
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