
Open Offer15 Jun 2026, 05:10 pm
Senthil Infotek: Independent Directors Recommend on Open Offer
AI Summary
Senthil Infotek Limited announced that its Committee of Independent Directors (IDC) held a meeting on June 15, 2026, to provide recommendations on the open offer. The open offer, initiated by acquirers Kolli Murali Krishna and Gogineni Srinivas, aims to acquire up to 13,13,000 equity shares, representing 26% of the company's voting share capital, at a price of ₹8 per share. The IDC's report, which will be published on June 16, 2026, contains their recommendations regarding this acquisition.
Key Highlights
- Independent Directors Committee met on June 15, 2026.
- Committee provided recommendations on the open offer.
- Open offer is for 26% stake at ₹8 per share.
- Report to be published on June 16, 2026.
Price Impact
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