StockWatch
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Edible Oil
Open Offer3 Jul 2026, 07:42 pm

Sarda Proteins: Post-Offer Advertisement Filed for Open Offer

AI Summary

Grow House Wealth Management Pvt Ltd, acting as the Manager to the Offer, has submitted a Post-Offer Advertisement to the public shareholders of Sarda Proteins Ltd. This advertisement pertains to an open offer for the acquisition of 17,30,400 equity shares, representing 19.28% of the emerging voting share capital of Sarda Proteins Ltd. The offer price is set at ₹115.00 per fully paid equity share. The acquirer is M/s Onix Renewable Limited, along with persons acting in concert (PACs): Divyyesh Mansukhbhai Savaliya, Piyush Mansukhbhai Savaliya, and Nikhil Hareshbhai Savaliya. This post-offer advertisement is issued in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifically Regulation 18(12). It serves as a continuation and conjunction with various previous offer documents, including the Public Announcement, Detailed Public Statement, Draft Letter of Offer, and Letter of Offer.

Key Highlights

  • Post-offer advertisement filed for Sarda Proteins Ltd open offer.
  • 17.30 lakh shares (19.28% stake) are subject to the open offer.
  • Offer price is ₹115.00 per equity share.
  • Onix Renewable Limited is the acquirer along with PACs.
  • Advertisement complies with SEBI (SAST) Regulations, 2011.