Anupam Rasayan files Rs 299 per share open offer for 26 percent of Bliss GVS Pharma

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF Explain this filing

BLISSGVS · price

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▲ 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

+0.5%Reaction day

₹421.15

prior close

₹422.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%+2.0% vs market

Pharmaceuticals peers, median of 164sector-0.6%+1.1% vs sector

On the reaction day the stock moved 2.0 pts more than Nifty Microcap 250 and 1.1 pts more than its Pharmaceuticals 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

-2.7

10m

-3.1

15m

-2.0

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5-1.4+2.0-0.6+1.1

Next day

+4.0-2.5+6.5-1.4+5.4

+3.8+0.4+3.4-0.1+3.9

+4.5+2.2+2.3+0.4+4.1

+8.0+2.7+5.3+0.1+7.9

+13.2+3.9+9.4+0.0+13.2

+15.4+5.2+10.2+0.2+15.2

15d

+24.8+6.5+18.4+3.6+21.2

+24.7+6.9+17.8+4.2+20.5

+14.0+9.1+4.8+4.8+9.2

+66.2+11.6+54.6+8.5+57.8

UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 164Pending

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

AI summary

Anupam Rasayan India Ltd has launched a mandatory open offer to acquire up to 2,77,26,848 equity shares representing 26 percent of the expanded voting share capital of Bliss GVS Pharma at Rs 299 per share. Maximum deal value is about Rs 829 crore assuming full acceptance. Offer is triggered under SEBI Takeover Regulations following a Share Purchase Agreement with existing promoter and non-promoter sellers. Tendering period runs from July 16 to July 29, 2026, with payment by August 12. SBI Capital Markets is the manager.

Likely market impact

Public shareholders can tender shares at Rs 299 between July 16 and 29. Acquirer taking 26 percent signals potential change of control. Stock may trade near the offer price.