StockWatch
·
Pharmaceuticals
Open Offer30 Jun 2026, 06:41 pm

Rekvina Labs: Open Offer Pre-Advertisement Published

AI Summary

Vivro Financial Services Pvt Ltd, acting as the Manager to the Open Offer for Rekvina Laboratories Ltd, has submitted a Pre-Offer Advertisement to BSE. This advertisement, published on June 30, 2026, complies with Regulation 18(7) of SEBI SAST Regulations. It serves as a corrigendum to the Detailed Public Statement and provides details about the open offer for up to 28,90,700 equity shares, representing 26% of the expanded share capital. The offer is made by Surblhit Mukesh Shah, Amit Mukesh Shah, and Dhruvalkumar Patel. The offer price is ₹10 per equity share, and the tendering period is from July 1, 2026, to July 14, 2026. The Committee of Independent Directors has deemed the offer price fair and reasonable.

Key Highlights

  • Pre-Offer Advertisement published for Rekvina Laboratories open offer.
  • Offer is for 26% of expanded share capital, up to 28,90,700 shares.
  • Offer price set at ₹10 per equity share.
  • Tendering period: July 1 to July 14, 2026.
  • Independent Directors find offer price fair and reasonable.