Rekvina Laboratories: Open Offer for 26% Stake at ₹10/Share

Vivro Financial Services Pvt Ltd, acting as the Manager to the Open Offer, has submitted a Letter of Offer to BSE for the equity shareholders of Rekvina Laboratories Ltd. The open offer is being made by Surbhit Mukesh Shah, Amit Mukesh Shah, and Dhruvalkumar Patel (collectively, the 'Acquirers') to acquire up to 28,90,100 equity shares, representing 26% of the expanded share capital. The offer price is ₹10 per equity share, payable in cash. This open offer is in compliance with SEBI (SAST) Regulations and is not conditional upon any minimum acceptance level. Certain shares under lock-in are not permitted to be tendered.