Announced Mon, 17 Aug · 21:25 IST
Open Offer for 26 percent stake in ACI Infocom at Rs 1.53 per share
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+9.7%1-day move
₹1.95
prior close
₹1.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.6—+4.6—+9.7+14.9+20.5———————
Up moveDown movePending
AI summary
Sanjay Mandavia and Rupal Mandavia (spouses) have made a mandatory open offer to acquire up to 3.70 crore equity shares (26 percent of emerging voting share capital) of ACI Infocom at Rs 1.53 per share in cash, triggered by a preferential allotment and warrant issue. Total open offer consideration is about Rs 5.67 crore. The acquirers currently hold 5.25 lakh shares (0.48 percent) in the target company.
Likely market impact
Public shareholders can tender shares at Rs 1.53 per share between Oct 5 and Oct 16, 2026. Expect price activity around tendering window.