Announced Fri, 7 Aug · 17:05 IST
Open Offer at Rs. 355 per share for 26 percent stake in Devinsu Trading
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Acquirers Jaison Shah, Mukesh Bothra, and Yora Gems offer to buy up to 1,52,880 shares (26% stake) of Devinsu Trading at Rs. 355 per share, totaling Rs. 5.42 crore. This follows a Share Purchase Agreement where promoter Deniis Desai sells his 29.17% stake for Rs. 6.09 crore. Offer opens August 17 and closes August 31, 2026.
Likely market impact
Public shareholders can tender shares at Rs. 355 between Aug 17-31. Change of control incoming as existing promoter exits completely.