Open Offer for India Cements Capital at Rupees 12 per share

Open offer triggeredListed-company acquisitionStrategic Transactions View source PDF Explain this filing

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

-2.0%Reaction day

₹30.60

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-1.0%-1.0% vs market

Non Banking Financial Company (NBFC) peers, median of 216sector-0.4%-1.6% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 1.6 pts less than its Non Banking Financial Company (NBFC) 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

-2.0-1.0-1.0-0.4-1.6

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-3.9-3.3-0.6-1.8-2.2

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-7.7-1.3-6.4-1.4-6.2

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-6.5-0.5-6.0-0.4-6.2

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 216Pending

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

AI summary

Open Offer to acquire up to 56,43,612 shares (26 percent) of India Cements Capital at Rupees 12 per share in cash. Triggered by SPA where Sandeep Jain, Vikas Garg, and Rahul Nagar will buy 1,08,58,186 shares (50.02 percent) from promoter Sri Saradha Logistics for about Rupees 13.03 crores, leading to change in control. RBI approval received. SEBI approval for subsidiary change pending. Offer runs October 28 to November 11, 2026.

Likely market impact

Change of control with new promoters taking over. Public shareholders can tender at Rupees 12 or stay invested based on their view of the new management.