Bonanza Portfolio Ltd ("Manager to the Offer") has submitted to BSE a copy of Pre-Offer Advertisement in accordance with Regulation 18(7) of SEBI (SAST) Regulations, 2011 and Corrigendum ....
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Bonanza Portfolio Ltd, acting as the Manager to the Offer, has submitted a Pre-Offer Advertisement and a Corrigendum to the Detailed Public Statement to BSE on behalf of Mr. Rajendra Kamalakant Chodankar (the Acquirer). The Acquirer is making a mandatory open offer to public shareholders of The Indian Link Chain Manufacturers Ltd to buy up to 7,93,000 equity shares, which is 26.00% of the company's emerging equity and voting share capital. The offer price is fixed at ₹71.00 per share. The advertisement was published in Financial Express (English), Jansatta (Hindi), and Mumbai Lakshadeep (Marathi) newspapers on October 20, 2025, in compliance with Regulation 18(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Public shareholders of The Indian Link Chain Manufacturers Ltd now have a formal opportunity to tender their shares at ₹71.00 per share. This signals an impending change in ownership/control and may support the stock price near the offer price in the short term, while long-term direction depends on the Acquirer's plans post-acquisition.