Announced Wed, 23 Sept, 2026 · 18:07 IST
Open offer withdrawn after RBI rejects change in management
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
-11.4%1-day move
₹85.50
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-11.4-15.8-20.0-24.0-27.8-34.8————
Up moveDown movePending
AI summary
Jindal Leasefin Limited informs BSE that the RBI has not approved the proposed change in management. As a result, Tirupati Agrotech Private Limited's open offer to acquire 7,82,314 equity shares (26 percent of paid-up equity) under SEBI SAST Regulations stands withdrawn. The acquisition of control cannot proceed.
Likely market impact
Existing management continues. Shareholders cannot tender shares as the open offer has been withdrawn.