BSECraftroot Retail LtdHighNeutral
Announced Tue, 10 Feb · 11:39 IST

Wealth Mine Networks Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement in terms of Regulations 13(4), 14(3) and 15(2) of Securities and Exchange ....

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

A group of 7 acquirers (6 individuals and Seher Retail Private Limited) have announced a detailed public statement for an open offer to buy up to 14,19,700 fully paid-up equity shares (42.38% of voting capital) of Nirbhay Colours India Limited from public shareholders at INR 10 per share. The original public announcement was made on 12th December 2025, and the detailed public statement is being published on 09th February 2026 in multiple newspapers including Financial Express, Navshakti, and Janasatta. Wealth Mine Networks Private Limited is acting as the Manager to the Offer and has filed the detailed public statement with BSE in compliance with SEBI (SAST) Regulations 13, 14 and 15. The face value of each share is INR 10, meaning the offer price equals the face value.

Likely market impact

Public shareholders of Nirbhay Colours India Limited can tender their shares at INR 10 each during the offer period. The offer price being equal to face value suggests this may be a low-value or financially stressed target, and shareholders should evaluate whether to tender based on the offer terms and the underlying company's prospects.