RGF Capital Markets: Open Offer for 26% Stake at ₹31.10 Per Share

Kunvarji Finstock Private Limited, acting as the Manager to the Offer, has submitted a Letter of Offer to BSE regarding an open offer for RGF Capital Markets Limited. The offer is made on behalf of nine acquirers, including Mr. Nishad Jitendra Shah and associated entities, to acquire up to 3,90,06,240 equity shares, representing 26.00% of the total voting share capital. The offer price is ₹31.10 per share, payable in cash, along with interest. This open offer is being made pursuant to SEBI (SAST) Regulations, 2011, for substantial acquisition of shares and control over the Target Company. The offer is not conditional on any minimum level of acceptance.