Announced Wed, 14 Oct, 2026 · 16:06 IST

Independent Directors recommendations published for 26 percent open offer

Listed Co AcquisitionOpen Offer TriggeredStrategic 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 reactionminutes from the announcement price · days from the prior close

+1.1%Reaction day

₹158.25

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.6%+2.8% vs market

Non Banking Financial Company (NBFC) peers, median of 212sector-0.2%+1.3% vs sector

On the reaction day the stock moved 2.8 pts more than Nifty Microcap 250 and 1.3 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1-1.6+2.8-0.2+1.3

Next day

+1.1-1.0+2.1-0.2+1.3

+1.1-2.6+3.7-0.8+1.9

+1.1-5.1+6.3-2.7+3.8

-0.2-6.1+6.0-2.7+2.6

-4.6-8.3+3.7-4.9+0.3

-10.2-6.4-3.9-4.4-5.8

15d

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 212Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Acquirers plan to buy up to 27,671 equity shares equal to 26 percent of paid-up capital of J.A. Finance, triggering an open offer under SEBI Takeover Regulations 2011. The Committee of Independent Directors published its recommendations on October 14, 2026 in Financial Express, Jansatta, Mumbai Lakshadeep, and Arthik Lipi advising public shareholders on the offer terms.

Likely market impact

Material event. Open offer for 26 percent stake signals potential change in control. Public shareholders should review the Independent Directors recommendations before deciding.