Kalapi Nagada triggers open offer for 26% of AKG Exim

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

AKG · price

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▲ 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

+3.6%Reaction day

₹13.50

prior close

₹13.91

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+2.9% vs market

Trading & Distributors peers, median of 127sector+0.3%+3.3% vs sector

On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250 and 3.3 pts more than its Trading & Distributors 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

+0.8

10m

+0.5

15m

+0.6

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.6+0.7+2.9+0.3+3.3

Next day

-0.2+0.1-0.4+0.0-0.2

-4.3-1.0-3.3-0.8-3.5

-1.6-0.0-1.6-1.2-0.4

+0.0+0.5-0.5-1.0+1.0

+0.7+0.0+0.7-0.7+1.5

-1.9+2.1-4.0+0.0-1.9

15d

-1.2+2.9-4.1-0.2-1.0

-7.6+0.4-8.0-1.6-6.1

-9.8-5.0-4.8-9.2-0.6

-7.8-7.1-0.7-11.9+4.1

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 127Pending

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

AI summary

Kalapi Vinit Nagada agreed to buy 73,39,200 AKG Exim shares, or 23.10% of voting capital, from promoter Mahima Goel for ₹954.10 lakh. This triggered a cash open offer for up to 82,62,000 shares, or 26%, at ₹15 each, worth ₹1,239.30 lakh if fully accepted. There is no minimum acceptance threshold or plan to delist.

Likely market impact

Public shareholders can tender at ₹15. The buyer would hold 23.10% without tenders and 49.10% if the full offer is accepted, shifting control.