Grow House Wealth Management Private Limited has submitted to the Exchange Recommendation of the committee of Independent Directors ( IDC)of the company under regulation 26(7) of the SEBI (SAST) Regulations 2011 and Subsequent amendments thereto (SEBI (SAST) Regulations) in relation to the open offer to the public shareholders of the company made by acquire.
LCCINFOTEC · price
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LCC Infotech Limited has published the recommendation of its Independent Directors Committee (IDC) in four newspapers (Financial Express, Jansatta, Mumbai Lakshadeep, and Duranta Barta) on March 30, 2026. The recommendation relates to an open offer made by Mr. Kunjit Maheshbhai Patel to acquire 4,38,34,271 equity shares (26% of the emerging voting share capital) at ₹3.55 per share under SEBI (SAST) Regulations, 2011. Grow House Wealth Management Private Limited is acting as the manager to the offer (SEBI Reg No. INM000013262). The original public announcement for the offer was filed on January 3, 2026, and the offer is being made under regulation 3(1) & 4 of the takeover code.
Public shareholders of LCC Infotech now have access to the IDC's formal recommendation on whether to accept the open offer at ₹3.55 per share. The ₹3.55 price for a ₹2 face value share will be a key reference point for investors deciding to tender or hold their shares in this small-cap company.