Saffron Capital Advisors Private Ltd has submitted to the Exchange a copy of letter of offer dated July 23, 2025.
BOHRAIND · price
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Mark AB Capital Investment India Private Limited has issued a Letter of 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 total deal value, if fully subscribed, works out to about ₹22.46 crore. This is a mandatory open offer triggered under SEBI Takeover Regulations after the Acquirer subscribed to 68,75,000 shares (29.64%) through a preferential allotment on June 17, 2025, which involves a change in control of the company. Bohra Industries, which had earlier come out of insolvency (CIRP completed in October 2021), is now seeing a new promoter take charge. The offer opens on July 31, 2025 and closes on August 13, 2025, and shareholders who tender cannot withdraw their shares during the offer period.
Public shareholders of Bohra Industries can sell their shares at a fixed price of ₹32 during the tendering window (July 31 – August 13, 2025). The change in control may lead to shifts in business strategy and governance, and the stock could see volatility around the offer period. If tenders exceed the offer size, acceptance will be done on a proportionate basis, so not all tenders may be accepted.