Announced Wed, 22 Jul · 15:34 IST
Open offer poorly subscribed; acquirers take over Fabino at 56.96%
Compliance View source PDF
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
Acquirers completed an open offer for Fabino Enterprises at Rs 20 per share (June 29 to July 10, 2026). Despite targeting 5,46,000 shares (26% stake), only 3,000 shares (0.14%) were tendered. Post-offer, acquirers hold 56.96% (mainly via Share Purchase Agreement); public shareholders retain 43.04%.
Likely market impact
Takeover effectively closed via Share Purchase Agreement; open offer barely subscribed. Acquirers now control 56.96%; limited trading float remains.