Bohra Industries Limited has submitted to the Exchange a copy of Recommendations of the committee of Independent Directors ( the "IDC") of the company under Regulation 26(7)of the Securities and Exchanges Board of India ( SAST) Regulations, 2011, as amended (the "SEBI (SAST) Regulations, 211") in relation to the open offer to the public shareholders of the company may by Made by Mark AB Capital Investment India Private Ltd.
BOHRAIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bohra Industries Limited has submitted the recommendation of its Committee of Independent Directors (IDC) regarding an open offer made by Mark AB Capital Investment India Private Limited. The acquirer is offering to buy up to 70,19,667 equity shares (30.26% of the Emerging Voting Share Capital on a fully diluted basis) from public shareholders at a price of ₹32 per share. This follows a preferential allotment of 68,75,000 equity shares to the acquirer and 20,25,002 convertible warrants to public shareholders on June 17, 2025, which revised the Emerging Voting Share Capital to ₹23,19,71,540 (2,31,97,154 shares). The open offer is being made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and the IDC recommendation was published in Financial Express, Jansatta, Business Remedies, and Pratahkal on July 29, 2025.
Public shareholders can now evaluate the IDC's recommendation on the open offer at ₹32 per share and decide whether to tender their shares. The offer price and IDC recommendation may influence near-term trading sentiment and liquidity in Bohra Industries stock.