Grow House Wealth Management Private ltd has submitted to the Exchange a copy of detailed public statement in terms of Regulation 3(1) and 4 Read with Regulation 13(4), 14(3) and 15(2) and other applicable Regulations of the securities and Exchange Board of India ( SAST) Regulations, 2011, as amended, for the attention of the public shareholders of the company.
AQYLON · price
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Mr. Kurjibhai Premjibhai Rupareliya, along with PAC Lingaraj Finance Company Limited, has triggered a mandatory open offer to buy 53,46,238 equity shares (13.24% of the emerging voting share capital) of Sri Adhikari Brothers Television Network Limited (SABTNL, scrip code: SRIADIKARI). The offer price is fixed at ₹10 per share, taking the total deal size to about ₹5.35 crore. The trigger follows a Share Purchase Agreement signed on June 14, 2025, under SEBI (SAST) Regulations 2011. The acquirer already holds 50.12% and the PAC holds 37.15% in the company. Public shareholders can tender shares between August 5 and August 19, 2025, through the BSE acquisition window. Grow House Wealth Management is the manager to the offer, and ₹5.40 crore has been deposited in escrow with ICICI Bank.
Existing public shareholders of SABTNL get an exit opportunity at ₹10 per share during the tendering window. The low offer price and the acquirer's already dominant holding (over 87% combined) suggest limited upside from the open offer; investors should compare the offer price with prevailing market levels before deciding to tender.