Open Offer22 Sept 2026, 12:50 pm
Technojet Consultants: Open Offer for 26% Stake at ₹48/Share
AI Summary
Navigant Corporate Advisors Ltd, acting as Manager to the Offer, has submitted a Detailed Public Statement regarding an Open Offer for Technojet Consultants Ltd. Nimesh Sahadeo Singh, the Acquirer, intends to acquire up to 1,82,000 equity shares, representing 26.00% of the emerging equity share capital, at a price of ₹48 per share. This open offer is made under SEBI (SAST) Regulations, 2011, following a proposed preferential issue of 5,00,000 equity shares. The Acquirer currently holds no shares in Technojet Consultants Ltd.
Key Highlights
- Open offer to acquire 26% of Technojet Consultants at ₹48 per share.
- Acquirer Nimesh Sahadeo Singh aims to buy 1,82,000 equity shares.
- Offer is part of a larger preferential issue of 5,00,000 shares.
- Acquirer currently holds no equity in the target company.
- Detailed Public Statement published on September 22, 2026.
Price Impact
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