Open Offer completed, new promoter takes control of Grameva Ltd

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+5.0%Reaction day

₹99.25

prior close

₹104.20

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.4%+3.6% vs market

Paper, Forest & Jute Products peers, median of 22sector · industry level+0.6%+4.4% vs sector

On the reaction day the stock moved 3.6 pts more than Nifty Microcap 250 and 4.4 pts more than its Paper, Forest & Jute Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+5.0+1.4+3.6+0.6+4.4

Next day

+3.0+1.5+1.5+0.0+3.0

-5.1+0.5-5.6-2.0-3.1

-6.5+1.1-7.6+1.1-7.6

-3.6+0.7-4.3+0.8-4.5

-4.4-0.4-4.0+2.3-6.8

-2.3+0.5-2.9+0.7-3.0

15d

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-14.2+5.8-20.0+4.2-18.3

-29.6+2.4-31.9-0.6-29.0

UpDownMarket · Nifty Microcap 250Sector · Paper, Forest & Jute Products peers, median of 22Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board of Grameva Ltd on 10 July 2026 noted completion of the Open Offer made by Mrs. Maneesha Singh, Jagsakti Merchandise Pvt Ltd and Ros Advisory Pvt Ltd under SEBI Takeover Regulations. The acquirers have now acquired substantial shareholding and control of the company and are classified as the new Promoter/Promoter Group from 10 July 2026. Existing promoter Genesis Trade-Links Pvt Ltd ceases to exercise control and is reclassified from the same date, subject to regulatory filings.

Likely market impact

Change of control at promoter level; expect volatility as new management settles in. Existing shareholders retain their shares with no stated action required from them.