Open offer at INR 30 per share for AMPL Capital (Credent Global Finance)

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

+16.3%1-day move

₹32.49

prior close

₹33.50

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.1+3.0+4.9-0.1+16.3+17.0+8.6+2.2+1.5+3.0+2.6———

Up moveDown movePending

AI summary

DP Global Wealth Management LLP and Vikas Kataria, with PAC Supriya Kataria, made an open offer to buy up to 1.59 crore shares (26 percent) of AMPL Capital Ltd (formerly Credent Global Finance) at INR 30 per share, totaling about INR 47.94 crore. The offer was triggered by Acquirer-1's market purchase of 5.66 lakh shares. Combined holding could rise to about 51 percent post-offer. No delisting is planned.

Likely market impact

Public shareholders can tender at INR 30. Combined acquirer stake may cross 51 percent, indicating change of control. No delisting planned.