Mark Corporate Advisors Private Ltd has submitted to the Exchange a copy of letter offer

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF Explain this filing

AAATECH · price

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Price reactionminutes from the announcement price · days from the prior close

+3.7%Reaction day

₹99.99

prior close

₹99.53

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+1.2%+2.5% vs market

Consulting Services peers, median of 18sector+1.8%+1.9% vs sector

On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 1.9 pts more than its Consulting Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

+3.4+0.6+2.8+0.1+3.3

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UpDownMarket · Nifty Microcap 250Sector · Consulting Services peers, median of 18Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mark Corporate Advisors has submitted the Letter of Offer for a mandatory open offer by Jyotirgamya Advisory Private Limited and Mr. Ashok Kumar Chordia to acquire up to 33,34,968 equity shares (26% of voting capital) of AAA Technologies Limited at ₹101 per share in cash. The offer is triggered by an underlying share purchase agreement dated December 29, 2025, where the acquirers agreed to purchase 44,10,000 shares (34.38%) from the promoter group sellers (Venugopal M Dhoot, Shobha Dhoot, Anirudh Dhoot, and Vineet Dhoot) at ₹74.06 per share. The total open offer size is approximately ₹33.68 crore. The offer period runs from April 23, 2026 to May 7, 2026. Post-completion, the existing promoters will be reclassified as public shareholders.

Likely market impact

Public shareholders have an opportunity to exit at ₹101 per share, representing a 36.4% premium over the underlying transaction price of ₹74.06. This open offer signifies a change in control of the company from the Dhoot family to the new acquirers.