Open Offer at Rs 15 per share for 26 percent stake in Aar Shyam India Investment
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Letter of Offer filed for Open Offer to public shareholders of Aar Shyam India Investment Company. Acquirers Radha Krishna Avudari, Sudha Rani Avudari and Srikanth Nagabhyru offer Rs 15 per share for up to 58,43,327 shares (26 percent of emerging capital). Triggered by SPA with outgoing promoter at Rs 13.60 per share plus a proposed preferential issue. Change of control involved. Tendering period Oct 19 to Nov 2, 2026. Max consideration about Rs 8.76 crore.
Public shareholders can tender shares at Rs 15 per share until Nov 2, 2026. Change of control with new promoters taking over the company.