Open Offer at Rs 56.84 per share for Lippi Systems acquisition by Dholu family
Price
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Pre-Offer Advertisement for Open Offer to public shareholders of Lippi Systems Ltd at Rs 56.84 per share. Acquirers Vinesh, Jagdish, Shivji, Jagruti and Parul Dholu (5 individuals) are buying up to 33.82 lakh shares, about 25.05 percent of expanded capital. They are also acquiring promoter shares via SPA from the Agrawal family. Post-offer, acquirers will hold 99.63 percent of the company. Tendering period runs July 20 to July 31, 2026. IDC recommends offer price is fair and reasonable.
Change of control to Dholu family. Public shareholders may tender at Rs 56.84 or hold. Stock likely to trade near offer price during tendering window.