Announced Thu, 9 Jul · 19:21 IST

Open Offer at Rs 86 per share for 26 percent stake in Antariksh Industries

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF

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

Awaiting price reaction for this filing.

AI summary

Open Offer by Alpitkumar Pravinchandra Gor (Acquirer) and Riddhi Infocom Solutions LLP (PAC) to acquire up to 6,31,785 shares (26 percent of emerging voting capital) of Antariksh Industries at Rs 86 per share, totaling about Rs 5.43 crore. Offer triggered by Share Purchase Agreement signed June 26, 2026 with promoter Mrs. Gitaben Nitinbhai Patel for 1,50,599 shares at Rs 86. Also includes preferential issue of 22,25,000 shares. Offer period: August 18 to September 1, 2026.

Likely market impact

Mandatory takeover offer with change of control; eligible shareholders can tender at Rs 86 or hold for potential upside under new promoter.