Saffron Capital Advisors Private Ltd has submitted to the Exchange a copy of letter of offer dated July 23, 2025.

Open offerAcquisition announcedStrategic Transactions View source PDF Explain this filing

BOHRAIND · price

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Price reactionminutes from the announcement price · days from the prior close

+3.2%Reaction day

₹32.35

prior close

₹32.12

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+3.5% vs market

Fertilizers peers, median of 19sector+0.8%+2.5% vs sector

On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 2.5 pts more than its Fertilizers 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

+0.8

10m

+0.8

15m

+0.5

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.2-0.3+3.5+0.8+2.5

Next day

-2.2-2.2-0.1-0.6-1.6

+1.2-3.4+4.6-1.0+2.2

-3.3-1.9-1.4+0.8-4.1

+1.6-1.6+3.2+3.1-1.5

+5.1-2.3+7.4+2.9+2.2

+2.0-3.3+5.3-0.7+2.7

15d

-1.9-5.8+3.9-2.3+0.4

-8.7-3.7-5.0+1.6-10.3

-22.2-2.4-19.8-2.2-19.9

-33.3-3.5-29.8-5.9-27.4

UpDownMarket · Nifty Microcap 250Sector · Fertilizers peers, median of 19Pending

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

AI summary

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.

Likely market impact

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.