Grow House Wealth Management Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Post-offer Advertisement to the Public Shareholders of LCC Infotech Ltd ("Target Company").
LCCINFOTEC · price
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Grow House Wealth Management Pvt Ltd, acting as the Manager to the Offer, has submitted to BSE a copy of the Post-offer Advertisement for LCC Infotech Ltd. This open offer is being made by Mr. Kunjit Maheshbhai Patel (Acquirer) to acquire 4,38,34,271 equity shares representing 26.00% of the Emerging Voting Share Capital at Rs. 4.55 per share. The offer was made pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (Regulations 3(1) & 4). The Public Announcement was originally filed on January 03, 2026, and the post-offer advertisement was published on May 02, 2026 in multiple newspapers.
This open offer indicates a change in shareholding control, giving existing shareholders an opportunity to sell their shares at Rs. 4.55. The acquisition of 26% stake may lead to change in control of the company.