Open Offer for Brijlaxmi Leasing Withdrawn

Open Offer TriggeredDeal CancelledStrategic Transactions View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+6.8%Reaction day

₹8.52

prior close

₹9.10

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+6.0% vs market

Non Banking Financial Company (NBFC) peers, median of 215sector+0.0%+6.8% vs sector

On the reaction day the stock moved 6.0 pts more than Nifty Microcap 250 and 6.8 pts more than its Non Banking Financial Company (NBFC) 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.8+0.8+6.0+0.0+6.8

Next day

+5.0+1.0+4.0+0.4+4.6

-0.1+1.7-1.9+0.2-0.4

+1.6+0.1+1.6+0.0+1.6

+9.2+0.8+8.4+0.0+9.2

+6.7-0.9+7.6-0.5+7.1

-3.2-4.5+1.3-2.4-0.8

15d

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 215Pending

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

AI summary

Saffron Capital Advisors, manager to the open offer, has announced the withdrawal of the open offer for Brijlaxmi Leasing and Finance Limited under SEBI Regulation 23(2)(a). The original offer by four acquirers aimed to buy up to 64,99,889 shares at Rs. 10.05 each, worth about Rs. 6.53 crore. The withdrawal was published in Financial Express, Jansatta, Navshakti, and Ahmedabad Express on October 12, 2026.

Likely market impact

Open offer withdrawn, so no tendering at the stated price. Shareholders keep their shares; the planned acquisition does not go through.