Open offer at Rs 2.50 per share for 26 percent stake in Cubical Financial

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF Explain this filing

Price

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

Price reactionminutes from the announcement price · days from the prior close

+0.9%Reaction day

₹6.69

prior close

₹6.65

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+0.8% vs market

Non Banking Financial Company (NBFC) peers, median of 221sector+0.0%+0.9% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 0.9 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-5.0

10m

-5.0

15m

-5.0

30m

-5.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.9+0.1+0.8+0.0+0.9

Next day

+2.1-3.2+5.3-0.8+2.9

+1.6-3.3+4.9-1.5+3.1

-0.4-2.5+2.0-1.0+0.6

-0.4-0.9+0.5-0.7+0.2

-2.4-1.1-1.3-0.5-1.9

-6.1+0.6-6.8-0.7-5.5

15d

-14.6-1.4-13.3-1.9-12.7

-18.4-3.3-15.1-3.8-14.6

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 221Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Open offer to public shareholders of Cubical Financial Services to acquire up to 3.77 crore shares (26 percent stake) at Rs 2.50 per share plus Rs 0.021 interest per share. Triggered by share purchase from promoters (13.83 percent) and preferential allotment (55.11 percent). Acquirers Manoj Agrawal and Amit Kumar Saraogi plus PACs will hold 94.94 percent post offer. RBI approval received. Offer opens Sep 17 and closes Sep 30, 2026.

Likely market impact

Public shareholders can tender shares at Rs 2.50 each between Sep 17 and Sep 30, 2026. Change of control with public holding dropping below 25 percent MPS threshold.