IDC submits open offer recommendations for Antariksh Industries shareholders

Open Offer TriggeredListed Co AcquisitionStrategic 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

+2.0%Reaction day

₹14.81

prior close

₹15.10

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+1.7% vs market

Residential, Commercial Projects peers, median of 62sector-0.2%+2.1% vs sector

On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 2.1 pts more than its Residential, Commercial Projects 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0+0.3+1.7-0.2+2.1

Next day

+4.0-0.7+4.6-1.2+5.2

+6.0-1.2+7.3-0.9+6.9

+8.1-0.7+8.8-0.7+8.8

+10.3+0.0+10.2-0.9+11.2

+12.4+0.4+12.0-0.6+13.1

—+0.8—-1.0—

15d

+15.7-0.0+15.8-3.0+18.7

+27.6-0.8+28.4-4.5+32.1

—————

UpDownMarket · Nifty Microcap 250Sector · Residential, Commercial Projects peers, median of 62Pending

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

AI summary

The Independent Directors Committee of Antariksh Industries has submitted its recommendations under SEBI takeover regulations for an open offer to the company public shareholders. The IDC recommendations were published in Business Standard (English and Hindi), Navshakti (Marathi) and Loksatta Jansatta (Gujarati) newspapers on August 31, 2026. This is a standard regulatory step under Regulation 26(7) of SEBI SAST Regulations, accompanying an open offer triggered by a substantial acquisition.

Likely market impact

Public shareholders should review the IDC recommendations to assess whether to tender shares in the open offer.