Announced Thu, 23 Apr · 15:51 IST

Kotak Mahindra Capital Company Ltd ("Manager to the Open Offer") has submitted to BSE a copy of Post-Offer Advertisement in accordance with Regulation 18(12) of the Securities and Exchange ....

Price

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▲ 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
+5.1%1-day move
₹1589.10
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.1+3.2+2.7+2.6+6.0+12.6+52.9+52.9+52.1+33.8
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AI summary

Kotak Mahindra Capital Company Ltd, acting as the Manager to the Open Offer, has submitted a Post-Offer Advertisement to BSE in compliance with Regulation 18(12) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This is a mandatory regulatory filing that must be published within 5 working days of the closing of an open offer. The filing indicates that an open offer process for ADC India Communications Ltd has been completed. The actual detailed content of the advertisement was not accessible in the source document.

Likely market impact

This is a compliance filing following the completion of an open offer process, indicating a change in shareholding pattern may have occurred. Shareholders should note the outcome of the open offer as disclosed in the advertisement.