Open Offer triggered for Ishaan Infra at Rs 14 per share via share swap deal

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF Explain this filing

Price

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▲ 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

₹10.12

prior close

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base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————+10.2+15.6+21.3+27.4+33.7+47.3————

Up moveDown movePending

AI summary

Public Announcement of Open Offer for Ishaan Infrastructures and Shelters. Acquirers Misun Pure Lights Pvt Ltd and 4 individuals plus 8 PACs offer to buy up to 63,48,500 shares (10.04% of expanded capital) at Rs 14 per share, total Rs 8.89 crore in cash. Triggered by preferential issue of 5.67 crore shares (89.76%) to acquire Blisstering Electronics and Bliss Cab Electronics via share swap. Acquirers will become new promoters holding 60.04% post-deal.

Likely market impact

Open offer at Rs 14/share for eligible public shareholders. Change of control incoming; acquirers take 60% via share swap. Expect volatility.