Acquirers Make Open Offer for 26% Stake in Rekvina Laboratories at ₹ 10/- Per Share

Rekvina Laboratories Ltd. has received a Public Announcement from Vivro Financial Services Private Limited regarding an Open Offer by Surbhit Mukesh Shah, Amit Mukesh Shah, and Dhruvalkumar Patel to acquire equity shares. The Open Offer is for up to 28,90,100 equity shares, representing 26% of the expanded share capital, at a price of ₹ 10/- per share. The Offer Price is payable in cash, and the Open Offer is not subject to any minimum level of acceptance. The transaction that has triggered the Open Offer obligations is a Share Exchange and Purchase Agreement for the acquisition of 100% of the equity share capital of Radiant Parenterals Limited.