Kunvarji Finstock Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Pre-offer Advertisement and Corrigendum to the Detailed Public Statement under Regulation 18(7) in terms ....
Awaiting price reaction for this filing.
Kunvarji Finstock Pvt Ltd, the manager to the offer, has filed a pre-offer advertisement and corrigendum to the Detailed Public Statement with BSE and MSEI on behalf of the acquirer Mr. Niraj Harsukhlal Sanghavi, along with PACs Ms. Nishra Niraj Sanghvi, Ms. Naysha Niraj Sanghvi, and M/s. Kenilworth Consultancy Services LLP. The open offer is being made under Regulation 3(1) read with Regulation 18(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the acquisition of 58,24,853 equity shares of Avishkar Infra Realty Limited. The advertisements were published on December 22, 2025 in Financial Express (English), Jansatta (Hindi), and Pratahkal (Marathi).
This confirms that an open offer under SEBI takeover norms is now open for acceptance by shareholders of Avishkar Infra Realty. Eligible shareholders can tender their shares during the tendering period at the offer price. The stock may see heightened activity and volatility around the offer window.