Open Offer for Antariksh Industries shareholders at Rs 86 per share
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Mark Corporate Advisors has filed the Letter of Offer for an Open Offer to public shareholders of Antariksh Industries. Acquirer Alpitkumar Gor and PAC Riddhi Infocom Solutions offer Rs 86 per share for up to 6,31,785 shares (26% of voting capital), totaling about Rs 5.43 crore. The offer follows a Share Purchase Agreement with promoter Gitaben Patel and a preferential issue of 22,25,000 shares. Post-offer, acquirers will hold 90.37%, triggering change of control. Offer runs September 2 to September 16, 2026.
Public shareholders can tender shares at Rs 86 each during the offer window. Existing promoter exits, new acquirers take 90% control.