Grow House Wealth Management Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Public Announcement under the Provisions of Regulations 3 (1) and 4 read with Regulations 13 ....
Awaiting price reaction for this filing.
Grow House Wealth Management Pvt Ltd, acting as the Manager to the Offer, has filed a Public Announcement with BSE under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, specifically Regulation 3(1) and 4 read with Regulation 13. This typically means an acquirer has crossed the open offer trigger threshold by acquiring shares in Krishna Capital and Securities Ltd and is now required to make a mandatory open offer to existing shareholders. The full document was not accessible as the BSE page returned an error.
Shareholders of Krishna Capital and Securities Ltd should watch for the detailed public offer document, which will specify the offer price, number of shares being offered, and the acquirer's identity. The stock may see short-term price movement based on the offer price relative to the market price.