Aryaman Financial Services Ltd ("Manager to the Offer") has submitted to BSE a copy of Public Announcement under Regulations 3(1) and 4 read with Regulations 13(1), 14 and 15(1) of Securities ....
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Aryaman Financial Services Ltd, acting as Manager to the Offer, has filed a Public Announcement on behalf of three acquirers — RGF Family Trust, Sameer Gupta, and Sundeep Gupta — for an open offer to acquire 26% of Fabino Enterprises Ltd at ₹20 per share. The offer is triggered under SEBI (SAST) Regulations following a Share Purchase Agreement (SPA) dated April 28, 2026, through which the acquirers acquired 56.82% (11,93,200 shares) from the existing promoter group (Aditya Mahavir Jain and associates) for a total consideration of ₹214.78 Lakhs in cash. Post-transaction, the acquirers collectively hold 56.82% of Fabino's equity capital. The offer size is for 5,46,000 shares at an offer price of ₹20 per share, with no minimum acceptance condition. Fabino Enterprises is listed on BSE (Scrip Code: 543444) and operates from Sonipat, Haryana.
This is a mandatory open offer triggered by a change of control transaction. Existing public shareholders of Fabino now have an exit opportunity at ₹20 per share, but with limited float (going below 25% public holding post-offer), the stock may face reduced liquidity after the offer completes.