Open Offer triggered for Cubical Financial Services by two acquirers

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

-0.4%Reaction day

₹6.83

prior close

₹6.76

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-0.3% vs market

Non Banking Financial Company (NBFC) peers, median of 223sector-0.1%-0.3% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.3 pts less 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

+0.0

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-0.1-0.3-0.1-0.3

Next day

-2.5+0.7-3.2+0.0-2.5

-2.5+2.3-4.8+0.4-2.9

-4.4+2.2-6.6+0.0-4.4

-6.3+2.6-8.9-0.2-6.1

-8.1+3.9-12.0+0.3-8.3

-8.1+2.7-10.7-0.6-7.4

15d

-18.7-1.2-17.5-2.8-15.9

-23.0-0.2-22.8-2.5-20.5

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 223Pending

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

AI summary

Corporate Makers Capital Limited, the Manager to the Offer, has submitted to BSE the Pre-Offer Public Announcement and Independent Directors Committee (IDC) recommendations for an Open Offer on Cubical Financial Services (Scrip ID: CUBIFIN). The acquirers are Mr. Manoj Agrawal and Mr. Amit Kumar Saraogi, along with three PACs (Mrs. Shikha Agrawal, Manoj Agrawal HUF, Mrs. Kanchan Saraogi), acting under SEBI SAST Regulations 2011. IDC recommendations dated September 14, 2026 were published in Pratahkal Mumbai Edition on September 16, 2026, delayed by one day due to Ganesh Chaturthi holiday.

Likely market impact

Existing CUBIFIN shareholders will get a chance to tender shares under the open offer at the price announced by the acquirers.