VC Corporate Advisors Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Public Announcement under Regulation 3(1) and 4 read with Regulation 13, 14 and 15 of the Securities ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
An Open Offer has been announced for the public shareholders of Grameva Ltd, a BSE and Calcutta Stock Exchange listed company, by Mrs. Maneesha Singh along with Jagsakti Merchandise Pvt Ltd and Ros Advisory Pvt Ltd (collectively the Acquirers). The Acquirers are offering to buy up to 12,47,844 equity shares, representing 26% of the paid-up capital, at Rs. 30 per share, taking the total deal value to about Rs. 3.74 crore. The offer is triggered by two underlying events: a 2017 preferential allotment of 25.93% to the Acquirers at Rs. 11.75 per share, and a fresh Share Purchase Agreement signed on January 31, 2026 to buy 33.25% from outgoing promoter Genesis Trade-Links Pvt Ltd for Rs. 4.47 crore. After both transactions, the Acquirers will collectively hold 53.76% of Grameva, gaining control of the company. The Offer Price of Rs. 30 is higher than the originally triggered price of Rs. 11.75 and includes 10% interest accrued from March 2018.
Public shareholders of Grameva get a chance to exit at Rs. 30 per share, a notable premium over the historical issue price of Rs. 11.75. The deal also marks a clear change of control, with new promoters taking over 53.76% of the company, which may bring governance and strategic direction changes.