Announced Fri, 4 Sept · 13:56 IST
Open Offer for Ishaan Infra at Rs14 per share
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
+10.2%1-day move
₹12.28
prior close
₹12.89
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+10.2+15.6+21.4+27.4+33.8—————
Up moveDown movePending
AI summary
Novus Capital Advisors filed a Detailed Public Statement for an open offer to acquire up to 63.48 lakh shares (10.04 percent) of Ishaan Infrastructures and Shelters at Rs14 per share. The offer was triggered by a share swap and preferential allotment to acquirers and PACs. Post-offer, combined acquirer plus PAC holding would rise to about 70 percent. The target company is loss-making and under BSE Graded Surveillance Measure Stage 2. Offer opens October 23 and closes November 5, 2026.
Likely market impact
Public shareholders can tender shares at Rs14 each during the offer window; closing on November 5, 2026.