Mandatory Open Offer filed for 26% stake in ACI Infocom at Rs 1.53 per share

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

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-4.9%Reaction day

₹2.46

prior close

₹2.45

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%-4.4% vs market

Computers Hardware & Equipments peers, median of 17sector-0.1%-4.8% vs sector

On the reaction day the stock moved 4.4 pts less than Nifty Microcap 250 and 4.8 pts less than its Computers Hardware & Equipments 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

Stock

+1.2

10m

+1.2

15m

+2.0

30m

+2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.9-0.4-4.4-0.1-4.8

Next day

-0.4+0.2-0.6+0.0-0.4

+4.5-0.1+4.6-1.0+5.5

+5.3+0.2+5.1+1.0+4.3

+8.5+0.5+8.0-0.0+8.5

+12.6-0.4+13.0-0.4+13.0

+5.7-0.4+6.1-0.4+6.1

15d

-5.3-2.5-2.8-3.1-2.2

+2.8+0.3+2.6-0.5+3.4

-7.7-9.4+1.7-13.5+5.8

—————

UpDownMarket · Nifty Microcap 250Sector · Computers Hardware & Equipments peers, median of 17Pending

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

AI summary

Sanjay Mandavia and Rupal Mandavia (spouses) filed a Draft Letter of Offer for a mandatory open offer to buy up to 3.70 crore shares (26 percent of emerging voting capital) of ACI Infocom at Rs 1.53 per share, total value about Rs 5.67 crore. The offer follows a preferential allotment of equity shares and convertible warrants that triggers change in control. Acquirer Sanjay Mandavia is already a Whole-Time Director. Offer opens October 5 and closes October 16, 2026.

Likely market impact

Shareholders can tender shares from Oct 5 to Oct 16, 2026 at Rs 1.53 per share. Change in control is happening, which may affect stock price and minority shareholder interest.