Gretex Corporate Services Ltd ("Manager to the Offer") has submitted to BSE a copy of Pre-Offer advertisement and corrigendum to the Detailed Public Statement under Regulation 18 (7) in ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 1.9 pts more than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Gretex Corporate Services, the manager to the offer, has submitted a copy of the Pre-Offer Advertisement and a corrigendum to the Detailed Public Statement to BSE under SEBI (SAST) Regulation 18(7). M/s. Invade Agro Limited (the Acquirer) is making an open offer to buy up to 19,47,077 fully paid-up equity shares of Chambal Breweries, representing 26% of the equity and voting share capital. The offer price is ₹6.00 per share, and the total consideration works out to about ₹1.17 crore, payable in cash under Regulation 4 of SEBI (SAST) Regulations, 2011. The Pre-Issue Advertisement was published on September 15, 2025 in Financial Express, Jansatta, Navshakti, and Rashtradoot newspapers. The face value of the shares is ₹10 each, meaning the offer price is below face value.
This is a mandatory open offer triggered by the Acquirer crossing regulatory shareholding thresholds. Shareholders can tender shares at ₹6 per share if they choose to exit, though the offer price is notably below the ₹10 face value, which may not appeal to most investors. The small total deal size suggests limited liquidity interest for existing shareholders.