Announced Sat, 27 Jun · 11:37 IST
Open Offer at Rs 86 per share triggered for Antariksh Industries
Price
▲ 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
+10.1%1-day move
₹7.31
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+10.1——+15.6—+27.4+47.2———
Up moveDown movePending
AI summary
Open Offer triggered for Antariksh Industries Ltd at Rs 86 per share by Alpitkumar Pravinchandra Gor (Acquirer) and Riddhi Infocom Solutions LLP (PAC). Offer size: up to 6,31,785 shares for Rs 5.43 crore in cash. Underlying deal includes Share Purchase Agreement for 6.20% from existing promoter plus preferential allotment of 58.17%. Post deal, acquirers will hold 64.37% and become new promoters, while existing promoter will be reclassified as public shareholder.
Likely market impact
Shareholders can tender shares at Rs 86 each. Control of Antariksh Industries will change hands with new promoters acquiring a 64.37% stake.