Inga Ventures Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement in terms of Regulations 3(1) and (4) read with Regulations 13(4), 14(3) and 15(2) ....
Awaiting price reaction for this filing.
Inga Ventures Pvt Ltd, the Manager to the Offer, has submitted to BSE the Detailed Public Statement dated October 31, 2025, for an Open Offer on N2N Technologies Ltd. The Acquirer is Harmony Remedies India Private Limited, along with Mr. Firoze Nariman Kapadia and Ms. Aditi Vipin Parikh (Persons Acting in Concert). The offer is for acquisition of up to 12,91,228 equity shares of face value ₹10 each, at a price of ₹4.30 per share, representing 40% of the Expanded Voting Capital. The Detailed Public Statement was published on November 3, 2025 in Financial Express (English), Jansatta (Hindi), Mumbai Tarun Bharat (Marathi - Pune), and Navshakti (Marathi - Mumbai). The offer is made under Regulations 3(1), 4 and other applicable provisions of the SEBI (SAST) Regulations, 2011.
Existing shareholders of N2N Technologies can tender their shares in the Open Offer at ₹4.30 per share. The offer for 40% of expanded voting capital indicates a significant change in control/ownership of the company. Shareholders should evaluate the offer price versus prevailing market price before deciding to tender.