Announced Mon, 7 Sept, 2026 · 21:52 IST
Open Offer at Rs 10.50 per share for 26 percent stake in ECS Biztech
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹13.20
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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Up moveDown movePending
AI summary
Final Letter of Offer filed for open offer to acquire up to 53,44,313 equity shares (26 percent of paid-up capital) of ECS Biztech at Rs 10.50 per share, aggregating Rs 5.61 crores. Acquirers Rakesh Ramanlal Shah and Komal Infotech signed an SPA on July 29, 2026 to buy 65.42 percent from existing promoters at Rs 2.26 per share. Offer opens Sep 17 and closes Sep 30, 2026. Mandatory takeover offer under SEBI SAST Regulations. No competing offer.
Likely market impact
Shareholders can tender shares at Rs 10.50 between Sep 17 and Sep 30, 2026. Change of control as promoters sell entire 65.42 percent stake to new acquirers.