Shah Foods: Open Offer for 26% Equity at ₹62.50/Share

Navigant Corporate Advisors, the manager to the offer, announced an open offer to the shareholders of Shah Foods Ltd for the acquisition of up to 60,61,900 equity shares, representing 26.00% of the existing equity and voting share capital. The offer price is ₹62.50 per equity share, payable in cash. The Committee of Independent Directors of Shah Foods considers the offer price justified. The Letter of Offer was dispatched on May 5, 2026, and is available on the SEBI and Navigant Corporate Advisors websites. There has been no competitive bid to this offer.