Open Offer25 May 2026, 05:12 pm
Shantai Industries: Open Offer for 19.2 Lakh Shares at ₹21
AI Summary
Saffron Capital Advisors, acting as the manager to the open offer, announced an open offer by Radhe Dhokla Private Limited and other acquirers to acquire up to 19,20,000 equity shares of Shantai Industries at a price of ₹21 per share. The offer aggregates to ₹4,03,20,000 and represents 25.60% of the voting share capital. The offer complies with SEBI (SAST) Regulations, 2011. The offer opening public announcement was published on May 25, 2026, in multiple newspapers.
Key Highlights
- Open offer for 19,20,000 equity shares of Shantai Industries at ₹21 per share.
- Offer size represents 25.60% of the voting share capital.
- Total offer consideration is ₹4,03,20,000.
- Saffron Capital Advisors is the manager to the open offer.
- Offer complies with SEBI (SAST) Regulations, 2011.
Price Impact
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