StockWatch
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Trading - Metals
Open Offer31 Jul 2026, 08:24 am

RR MetalMakers: Open Offer for 26% Stake at ₹23.85 per share

AI Summary

Vivro Financial Services Pvt Ltd, as Manager to the Offer, has submitted a Public Announcement regarding an Open Offer for RR MetalMakers India Ltd. The offer, triggered by SEBI (SAST) Regulations, aims to acquire up to 23,42,295 equity shares, representing 26.00% of the total equity share capital. The acquisition is being made by RB International Holdings Limited, Suyog Yogesh Desai, and Nikita Suyog Desai. The offer price is set at ₹23.85 per share, with a total potential consideration of ₹5,58,63,735.75 assuming full acceptance. This is a mandatory offer under Regulations 3(1) and 4 of the SEBI (SAST) Regulations.

Key Highlights

  • Open Offer to acquire 26% stake in RR MetalMakers India Ltd.
  • Offer price set at ₹23.85 per equity share.
  • Total potential consideration is ₹5.58 Crore.
  • Offer triggered by SEBI (SAST) Regulations.
  • Acquirers are RB International Holdings, Suyog Desai, Nikita Desai.