Open Offer to buy 26% of Cubical Financial Services at Rs 2.50 per share

Open Offer TriggeredListed Co AcquisitionStrategic 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

+3.2%Reaction day

₹6.48

prior close

₹6.71

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+3.4% vs market

Non Banking Financial Company (NBFC) peers, median of 218sector+0.0%+3.2% vs sector

On the reaction day the stock moved 3.4 pts more than Nifty Microcap 250 and 3.2 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

+0.0

10m

+0.0

15m

-0.1

30m

-4.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.2-0.2+3.4+0.0+3.2

Next day

+4.2-0.1+4.3-0.4+4.6

+5.4-3.4+8.8-1.2+6.6

+4.9-3.5+8.4-1.2+6.2

+2.8-2.7+5.5-1.2+4.0

+2.8-1.1+3.9-0.5+3.3

-1.2-0.8-0.4-1.5+0.2

15d

-12.0-2.9-9.2-2.2-9.8

-15.7-3.5-12.3-3.1-12.6

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 218Pending

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

AI summary

Open Offer triggered for Cubical Financial Services (CUBIFIN) by Manoj Agrawal and Amit Kumar Saraogi along with three PACs. Offer for up to 3,77,44,200 shares (26% of emerging equity) at Rs 2.50 per share plus Rs 0.021 interest. Opens Sept 17, closes Sept 30, 2026. Triggered by share purchase deal with existing promoters and 8 crore preferential shares. Post offer holding may reach 94.94 percent, breaching minimum public shareholding norms.

Likely market impact

Public shareholders can tender shares at Rs 2.50 plus interest; stock may see volatility around tendering window and a change of control at the NBFC.