VC Corporate Advisors Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Corrigendum to the Public Announcement dated January 31, 2026 for the attention of Public Shareholders ....
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VC Corporate Advisors, the Manager to the Offer, has submitted a corrigendum to the original Public Announcement (dated January 31, 2026) for an Open Offer to the public shareholders of Grameva Ltd (formerly Bangalore Fort Farms Limited). The acquirers — Mrs. Maneesha Singh, Jagsakti Merchandise Pvt Ltd, and Ros Advisory Pvt Ltd — are offering to buy up to 12,47,844 equity shares (26% of paid-up capital) at a price to be detailed in the letter of offer. Separately, Acquirer I has signed a Share Purchase Agreement with the outgoing promoter Genesis Trade-Links Pvt Ltd to acquire 15,95,693 shares (33.25%), which will push the acquirers' total holding to 53.76% and trigger the open offer under SEBI (SAST) Regulations. The corrigendum clarifies that Acquirer I is the sister of Grameva's Whole-Time Director Mahendra Singh, and that Acquirers II and III had prior loans from the company (since repaid by Acquirer II).
This signals an imminent change of control at Grameva Ltd, with the acquirer group crossing the 50% threshold. Public shareholders now have a mandatory open offer opportunity to tender shares; the corrigendum adds transparency on related-party connections and prior financial dealings between the acquirers and the company.