
Open Offer5 Nov 2026, 12:51 pm
Rishabh Digha Steel: Open Offer Public Statement Published
AI Summary
Mark Corporate Advisors Pvt Ltd, acting as the Manager to the Open Offer, has submitted a detailed Public Statement (DPS) to BSE regarding the open offer for Rishabh Digha Steel & Allied Products Limited. The DPS, published on November 5, 2026, in Business Standard (English & Hindi) and Navshakti (Marathi), concerns the acquisition of up to 14,09,699 equity shares, representing 25.69% of the voting share capital, by SBA Infra Projects Private Limited. This offer is made in compliance with SEBI (SAST) Regulations, 2011. The offer is for the public shareholders, excluding the promoter/promoter group and the acquirer.
Key Highlights
- Detailed Public Statement for Rishabh Digha Steel open offer published.
- Acquisition of 25.69% voting share capital by SBA Infra Projects.
- Offer targets public shareholders, excluding promoters and acquirer.
- Compliance with SEBI (SAST) Regulations, 2011 is highlighted.
Price Impact
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