BSEInani Securities LtdHighNeutral
Announced Tue, 27 Oct, 2026 · 12:58 IST
Aikyam triggers open offer for Inani Securities at Rs 60 per share
Price reaction
Awaiting price reaction for this filing.
AI summary
Bonanza Portfolio filed the draft offer as manager for Aikyam Financial Services, buyer of up to 11,85,002 Inani Securities shares, 26% of voting equity, at Rs 60 each in cash. A 12 October 2026 purchase deal gives it control and 82.92% holding. Tendering runs 7 to 18 December 2026. BSE put the stock under Stage IV limits, with weekly trading and a 100% buyer deposit. SEBI and exchange approvals are pending.
Likely market impact
Control moves to Aikyam at 82.92%. Public holders can tender at Rs 60 from 7 December, but Stage IV limits and pending approvals add risk.