Saffron Capital Advisors Pvt. Ltd. ("Manager to the Open Offer") has submitted to BSE a copy of Detailed Public Statement in terms of Regulation 3(1) read with Regulations 13(4), 14(3) ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Saffron Capital Advisors, acting as Manager to the Open Offer, has submitted a Detailed Public Statement to BSE for an open offer on Brijlaxmi Leasing & Finance Ltd. The offer is being made by four acquirers — Jaykishor Chaitanyakishor Chaturvedi, Siddharth Jaykishor Chaturvedi, Ankur J Chaturvedi, and Brijlaxmi Infotech Limited — to buy up to 48,74,650 equity shares (representing 100% of the public holding) from public shareholders. The offer price is Rs. 10.05 per share, aggregating to approximately Rs. 4.90 crore in total. The DPS was published on December 12, 2025, in Financial Express (English), Jansatta (Hindi), Navshakti (Marathi), and Ahmedabad Express (Gujarati), in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Public shareholders of Brijlaxmi Leasing & Finance now have the option to tender their shares at Rs. 10.05 per share under the open offer. The offer price and the small total deal size (around Rs. 4.90 crore) suggest this is likely a creeping acquisition or consolidation of promoter holdings rather than a major corporate event, with limited impact on stock price given the low offer value relative to typical market interest.