Announced Tue, 29 Sept, 2026 · 15:57 IST
Open Offer at Rs 29 per share by promoters of G-Tec Jainx Education
GTECJAINX · 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
+21.0%1-day move
₹29.66
prior close
₹32.62
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+21.0+27.0+21.7+18.0+18.0—————
Up moveDown movePending
AI summary
Existing promoters of G-Tec Jainx Education Ltd trigger an offer for up to 26,49,166 shares (26 percent of voting capital) at Rs 29 per share in cash, worth about Rs 7.68 crore. The offer follows a Share Purchase Agreement on 28 Sep 2026 to acquire 12,22,692 shares (12 percent) from promoter Mr. Sudhakar Sonawane at Rs 25 per share. Post-deal, Acquirer-1 stake rises from 20 to 26 percent and Acquirer-2 from 21.14 to 27.14 percent.
Likely market impact
Public shareholders can tender shares at Rs 29 each. Offer is unconditional and not a competitive bid.