Announced Tue, 15 Sept, 2026 · 15:18 IST
IDC recommendation ad for open offer submitted to BSE
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
ECS Biztech has submitted to BSE the newspaper advertisement containing the recommendation of its Committee of Independent Directors on the open offer. The offer is for up to 53,44,313 equity shares (26 percent of paid up capital) by Mr Rakesh Ramanlal Shah and Komal Infotech Pvt Ltd under SEBI Takeover Regulations. Publication was deferred from September 15 to September 16, 2026 due to the Ganesh Chaturthi holiday.
Likely market impact
Procedural filing under SEBI takeover rules; shareholders should review the IDC recommendation before deciding on the open offer.