Announced Wed, 30 Sept, 2026 · 11:31 IST
Open Offer at Rs 29 per share for 26 percent stake in G-TEC Jainx
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
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—+0.0+0.0+0.0+21.0+27.0+21.7+18.0+18.0—————
Up moveDown movePending
AI summary
Existing promoters G-TEC Education Pvt Ltd and Mr Roychand Chenraj launched a mandatory open offer to acquire up to 26,49,166 shares (26 percent) of G-TEC Jainx Education at Rs 29 per share. Maximum consideration is about Rs 7.68 crore. Offer follows a Share Purchase Agreement to buy 12 percent stake from Mr Sudhakar Sonawane at Rs 25 per share. Tender window runs November 18 to December 2, 2026.
Likely market impact
Public shareholders can tender shares at Rs 29 during the November 18 to December 2, 2026 window. Promoters are consolidating control.