Open Offer21 Apr 2026, 08:56 am
Tejassvi Aaharam: Open Offer for 70 Lakh Shares at ₹10
AI Summary
Saffron Capital Advisors, as the manager to the open offer, submitted a Letter of Offer to BSE for the public shareholders of Tejassvi Aaharam Ltd. The offer is by Prasanna Natarajan, Rajat Chakra Credit & Holdings Private Limited, Sipping Spirits Private Limited, Saranga Investments & Consultancy Private Limited, and Rajalakshmi Natarajan (PAC) to acquire up to 70,00,000 equity shares at ₹10 per share, aggregating to ₹7,00,00,000. The open offer targets 12.04% of the emerging voting share capital.
Key Highlights
- Open offer for Tejassvi Aaharam's public shareholders.
- Offer is for 70,00,000 shares at ₹10 per share.
- Total offer size is ₹7,00,00,000.
- Saffron Capital Advisors is the manager to the offer.
- Offer targets 12.04% of the emerging voting share capital.