Open Offer25 Mar 2026, 05:01 pm
Swarnsarita Jewels India Ltd Receives Open Offer from Acquirers and PAC for 22.97% Stake
AI Summary
Swarnsarita Jewels India Ltd has received an open offer from Acquirers and PAC to acquire up to 47,94,987 fully paid-up equity shares representing 22.97% of the company's voting share capital. The offer price is ₹32.15 per equity share, payable in cash. The offer is not conditional or subject to any minimum level of acceptance. The Acquirers and PAC may withdraw the offer in accordance with the SEBI (SAST) Regulations, 2011. The offer price may be subject to upward revision prior to the commencement of the last 1 (one) Working Day before the commencement of the Tendering Period.
Key Highlights
- Acquirers and PAC offer to acquire 22.97% stake in Swarnsarita Jewels India Ltd
- Offer price is ₹32.15 per equity share, payable in cash
- Not a conditional offer or subject to any minimum level of acceptance
- Acquirers and PAC may withdraw the offer as per SEBI (SAST) Regulations, 2011
- Offer price may be subject to upward revision prior to the Tendering Period