Reliable Ventures India: Post-Offer Advertisement Filed for 26% Stake Acquisition

Rarever Financial Advisors Pvt Ltd, acting as the Manager to the Offer, has submitted a Post-Offer Advertisement to BSE on behalf of acquirers Mr. Chennupati Sarath Kumar, Mr. Vasireddy Sivanag, and Ancla Technology Solutions India Private Limited. The open offer aimed to acquire 28,63,354 equity shares, representing 26% of the target company's paid-up equity shares, at a price of ₹21 per share. The offer period was from August 14, 2026, to August 28, 2026, with consideration payment completed by September 04, 2026. Post-offer, the acquirers' shareholding increased to 54.08%.