Announced Wed, 8 Apr · 22:16 IST
Post-offer advertisement for open offer to acquire 42.38% stake in Nirbhay Colours India
Compliance View source PDF
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Acquirers (Mr. Dakshesh Shah, Mr. Dhruvin Shah, Mrs. Sheetal Shah, Patel family and Seher Retail Pvt Ltd) completed an open offer for 14,19,700 shares (42.38% voting capital) of Nirbhay Colours India at Rs. 10/share. Actual shares tendered and accepted: 10,15,800. Post-offer, acquirers hold 19,75,900 shares (56.45%) and public holds 15,24,100 shares (43.55%). Post-offer ad appeared in Financial Express and Jansatta on April 7, 2026.
Likely market impact
Acquirers now hold majority control (56.45%) of Nirbhay Colours India, reducing public shareholding to 43.55%. Open offer process completed.