Bohra Industries Limited has informed the Exchange regarding 'Letter of Offer dated July 23, 2025 in relation to the Open Offer'
BOHRAIND · price
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Bohra Industries Limited has received the Letter of Offer dated July 23, 2025, for an open offer by Mark AB Capital Investment India Private Limited (the Acquirer) to buy up to 70,19,667 equity shares, representing 30.26% of the emerging voting share capital, from public shareholders. The offer price is ₹32 per share, taking the total deal size to approximately ₹22.46 crore at full acceptance. The open offer is triggered under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, following a preferential allotment of 68,75,000 equity shares to the Acquirer on June 17, 2025, which gave it a 29.64% stake and resulted in a change of control. The offer opens on July 31, 2025, and closes on August 13, 2025. Saffron Capital Advisors is managing the offer, while Bigshare Services is the registrar.
Public shareholders of Bohra Industries now have a clear window (July 31 to August 13, 2025) to tender their shares at ₹32 each in cash. The offer reflects a change of control to the new Acquirer, which may influence the stock's trading price and long-term direction. Shareholders should weigh the offer price against prevailing market rates and the company's future prospects under the new promoter before deciding to tender or hold.