Mark Corporate Advisors Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement in terms of Regulations 3(1) and 4 read with Regulations 13(4), 14(3) and ....

Three acquirers — Mr. Jaison Vijay Shah, Mr. Mukesh Kumar Bothra, and Yora Gems & Jewellery Private Limited — have filed a Detailed Public Statement for an Open Offer to public shareholders of Devinsu Trading Ltd. The offer is triggered by a Share Purchase Agreement (SPA) dated May 20, 2026, under which the Acquirers agreed to purchase 1,71,493 equity shares (29.17%) held by the Promoter Seller, Mr. Deniis Desai, at ₹355 per share, totaling approximately ₹6.09 crore. The Open Offer seeks to acquire up to 1,52,880 shares representing 26% of the Voting Share Capital at the same ₹355 per share price, aggregating to ₹5.43 crore payable in cash. The combined post-offer shareholding of the Acquirers is targeted at 55.17%. The Offer Price is justified based on a fair value of ₹354.66 per share certified by a registered valuer. The equity shares of Devinsu are infrequently traded on BSE (scrip code: 512445). The Acquirers have opened an Escrow Account with Yes Bank and deposited ₹1.40 crore (25.80% of maximum consideration). The target company, incorporated in 1985, reported total revenue of ₹95.36 lakh for the nine months ended December 30, 2025, and EPS of ₹12.38. The Acquirers have stated they do not intend to delist the company.