Announced Fri, 7 Aug · 17:21 IST
Open Offer for 26% stake at Rs 12 per share by new acquirers
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
+4.0%1-day move
₹23.74
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.0+6.1+8.2+6.0+3.9-0.2————
Up moveDown movePending
AI summary
India Cements Capital has received a Draft Letter of Offer for an Open Offer to public shareholders at Rs 12 per share. Acquirers Sandeep Jain, Vikas Garg, and Rahul Nagar, along with PAC Neha Agarwal, are buying 50.02% from promoter Sri Saradha Logistics for about Rs 13.03 crore. The Open Offer is for additional 26% (56.43 lakh shares). Triggered under SEBI takeover rules, the deal involves change of management control and requires RBI approval.
Likely market impact
Public shareholders can tender shares at Rs 12 from Sept 17-30, 2026. Change of control incoming; acquirers will become new promoters.