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Open Offer4 May 2026, 12:39 pm

Tejassvi Aaharam: Open Offer Reminder for 12.04% Shares

AI Summary

Saffron Capital Advisors, manager to the open offer, announced a reminder advertisement for the public shareholders of Tejassvi Aaharam Ltd. The open offer is for the acquisition of up to 70,00,000 equity shares at ₹10 per share, aggregating to ₹7,00,00,000, representing 12.04% of the emerging voting share capital. The acquirers include Prasanna Natarajan, Rajat Chakra Credit & Holdings Private Limited, Sipping Spirits Private Limited, and Saranga Investments & Consultancy Private Limited, along with Rajalakshmi Natarajan (PAC). The offer complies with SEBI (SAST) Regulations, 2011.

Key Highlights

  • Open offer for Tejassvi Aaharam targets 12.04% of equity shares.
  • Offer price is ₹10 per share, totaling ₹7,00,00,000.
  • Saffron Capital Advisors is managing the open offer.
  • Acquirers include Prasanna Natarajan and associated entities.
  • Offer complies with SEBI (SAST) Regulations, 2011.