BSEN2N Technologies LtdHighNeutral
Announced Tue, 19 May, 2026 · 16:40 IST

Inga Ventures Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Post-Offer Advertisement in accordance with Regulation 18(12) of the Securities and Exchange Board of India ....

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Inga Ventures Pvt Ltd, the Manager to the Offer, has submitted the Post-Offer Advertisement for an open offer to acquire N2N Technologies Ltd shares. The acquirer is Harmony Remedies India Private Limited, along with two persons acting in concert (PACs) — Mr. Firoze Nariman Kapadia and Ms. Aditi Vipin Parikh (Directors of Acquirer). The offer is to acquire up to 12,91,228 equity shares (40% of Expanded Voting Capital) at ₹4.30 per share, pursuant to SEBI (SAST) Regulations, 2011. The advertisement was published on May 19, 2026 in four newspapers — Financial Express (English), Jansatta (Hindi), Tarun Bharat (Marathi-Pune), and Navshakti (Marathi-Mumbai). This follows the earlier submission of Public Announcement, Detailed Public Statement, Draft Letter of Offer, Letter of Offer, and IDC Recommendation.

Likely market impact

This is a mandatory post-offer compliance filing confirming the open offer process is underway. The offer at ₹4.30 per share (40% of expanded voting capital) indicates a potential change of control or substantial acquisition in N2N Technologies, which existing shareholders should be aware of.