Open Offer triggered at Kenrik Industries for 26 percent stake to public shareholders

Listed-company acquisitionOpen offer triggeredStrategic Transactions View source PDF Explain this filing

Price

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Price reactionminutes from the announcement price · days from the prior close

+5.0%Reaction day

₹10.26

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+4.3% vs market

Gems, Jewellery And Watches peers, median of 38sector+0.0%+5.0% vs sector

On the reaction day the stock moved 4.3 pts more than Nifty Microcap 250 and 5.0 pts more than its Gems, Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.0+0.7+4.3+0.0+5.0

Next day

+10.1+1.1+9.0+1.2+8.9

+15.6+1.6+14.0+1.9+13.7

+21.3+1.5+19.9+3.3+18.0

+27.4+1.3+26.1+1.3+26.1

+33.7+1.4+32.3+2.7+31.1

+28.2-2.1+30.2+0.3+27.9

15d

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+39.8-1.4+41.2-2.8+42.5

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UpDownMarket · Nifty Microcap 250Sector · Gems, Jewellery And Watches peers, median of 38Pending

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

AI summary

Darsh Advisory signed an SPA on Aug 27, 2026 with outgoing promoters of Kenrik Industries to buy 89,99,500 shares (72.01%). This triggers SEBI Takeover Regulations, requiring an Open Offer for up to 32,49,454 shares (26%) from public shareholders at face value Rs 10 each. Detailed Public Statement published on Sep 3, 2026. KIL is listed on BSE SME platform.

Likely market impact

Change of control at Kenrik Industries. Public shareholders can tender shares in the Open Offer for the 26 percent stake.