Announced Sat, 4 Jul · 08:23 IST

Open Offer for Colinz Laboratories at Rs 54 per share - DLOF filed

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF

Price

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

Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹77.55
prior close
₹73.68
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-9.7-14.2-10.5-11.1-7.2+0.4+6.5
Up moveDown movePending
AI summary

Dugar family (Annjana, Likhitta, Antariksh) along with PAC Padam Dugar to acquire up to 6,54,966 shares (26 percent) of Colinz Laboratories from public shareholders at Rs 54 per share, totalling Rs 3.54 crore. Mandatory open offer triggered by a Share Purchase Agreement to buy 8,70,500 shares (34.56 percent) from existing promoter Vijaya Mani at Rs 50 per share. Post-deal acquirers will hold 37.01 percent, leading to change of control. Offer runs Aug 11 to Aug 24, 2026.

Likely market impact

Public shareholders can tender shares at Rs 54 between Aug 11 and 24, 2026. Change of control shifts to Dugar family. Acceptance may be proportionate if oversubscribed.