Announced Tue, 30 Jun · 14:21 IST
Open offer announced for AMPL Capital at Rs 30 per share, 26 percent stake
Price
▲ 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
+16.9%1-day move
₹29.85
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+16.9+26.6+27.3+18.2+11.2+9.6+9.5———
Up moveDown movePending
AI summary
DP Global Wealth Management LLP and Mr. Vikas Kataria, with Ms. Supriya Kataria as PAC, have launched an open offer for up to 1.59 crore equity shares (26 percent) of AMPL Capital Limited (formerly Credent Global Finance) at Rs 30 per share, totaling about Rs 47.94 crore in cash. The offer was triggered by Acquirer-1's market purchase of 5,66,264 shares. Post-offer, acquirers holding could reach 51.01 percent, indicating change of control. No delisting planned.
Likely market impact
Open offer at Rs 30 gives shareholders an exit opportunity; signals potential change of control as acquirers stake may cross 50 percent.