Saffron Capital Advisors Private Limited has Submitted to the Exchange a copy of offer opening public announcement under Regulation 18 (7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (SEBI (SAST) Regulations, 2011) for the attention of the public shareholders of the Company.
BOHRAIND · price
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Mark AB Capital Investment India Private Limited (the Acquirer) is making an open offer to buy up to 70,19,667 equity shares (30.26% of the Emerging Voting Share Capital) of Bohra Industries Limited from public shareholders at ₹32 per share in cash. The offer is being made under SEBI's Takeover Regulations following a preferential allotment of 68,75,000 shares to the Acquirer on June 17, 2025, which gave it 29.64% holding. If fully accepted, the Acquirer's stake would rise to 59.90% and total payout would be about ₹22.46 crore. The tendering period runs from September 5, 2025 to September 26, 2025. Saffron Capital Advisors is managing the offer.
Public shareholders can tender their shares at ₹32 each between September 5-26, 2025. The Acquirer's stake rising from 29.64% to up to 59.90% means it will gain majority control of the company, which may be viewed positively or negatively depending on the Acquirer's plans.