Open Offer by Mr. Amar Talwar to acquire 26% stake in Jay Kailash Namkeen at Rs 56/share

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

₹53.06

prior close

₹55.71

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————+10.2+15.7+9.9+14.1+19.9—————

Up moveDown movePending

AI summary

Acquirer Mr. Amar Pramod Talwar has triggered a mandatory open offer for 21,76,540 shares (26%) of Jay Kailash Namkeen at Rs 56 per share, totaling up to Rs 12.19 crore. This follows a preferential allotment of 33,74,375 shares (40.31% of expanded capital) to him via a share swap with Vayuveer Solutions Pvt Ltd. He will become the new promoter. No delisting planned.

Likely market impact

Shareholders can tender shares at Rs 56. New promoter takes 40.31% stake. Watch share price movement around offer price.