StockWatch
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Trading - Metals
Open Offer19 Oct 2026, 03:04 pm

RR MetalMakers: Open Offer Letter Received from Acquirers

AI Summary

RR MetalMakers India Ltd has received a Letter of Offer from Vivro Financial Services Private Limited, the Manager to the Open Offer appointed by Acquirers RB International Holdings Limited, Suyog Yogesh Desai, and Nikita Suyog Desai. The Open Offer aims to acquire up to 23,42,295 equity shares, representing 26% of the company's equity share capital, at an Offer Price of ₹36.83 per share. This includes a compensatory interest of ₹12.98 per share. The offer is made in compliance with SEBI (SAST) Regulations and is not conditional on a minimum acceptance level.

Key Highlights

  • Open Offer letter received from appointed Manager.
  • Acquirers aim to buy up to 26% of the company's shares.
  • Offer Price set at ₹36.83 per share.
  • Offer is not conditional on minimum acceptance.
  • Transaction complies with SEBI (SAST) Regulations.