Trio Mercantile: Open Offer for 50% Shares at ₹1.25

An open offer has been announced for Trio Mercantile & Trading Limited, where Kaushik Jagannath Joshi, along with PACs, aims to acquire up to 3,39,68,300 equity shares, representing 50% of the company's total paid-up capital. The offer price is ₹1.25 per share. Interactive Financial Services Limited is managing the offer. The acquirer has also entered into a Share Purchase Agreement for acquiring 32,66,558 Equity Shares from Hiren Shantilal Kothari representing 4.81% of paid up equity share capital of the Target Company.