Open offer by Dholu family for Lippi Systems concludes - only 1,000 shares tendered

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+2.0%Reaction day

₹234.75

prior close

₹239.40

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+1.6% vs market

Industrial Products peers, median of 133sector-0.0%+2.0% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 2.0 pts more than its Industrial Products 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

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Reaction day

+2.0+0.4+1.6-0.0+2.0

Next day

+4.0-0.2+4.2+0.0+4.0

+2.3+0.3+2.0+0.6+1.7

+0.2+0.6-0.3+1.0-0.8

-1.8+0.8-2.6+0.8-2.6

-3.7+0.4-4.1+0.6-4.4

-7.5+0.7-8.3-0.2-7.3

15d

-2.4+2.0-4.4+1.8-4.2

-8.9+0.7-9.6+1.8-10.6

-1.2-3.4+2.2-0.7-0.4

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 133Pending

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

AI summary

The open offer for Lippi Systems by five Dholu family members has concluded. Only 1,000 shares were tendered and accepted at Rs. 56.84 per share. The offer was for up to 33,82,231 shares (25.05% of expanded capital). Post-offer, acquirers hold 74.58% of expanded share capital. Existing promoters will be reclassified as public. Offer ran July 20-31, 2026.

Likely market impact

Low public interest shown - only 1,000 shares tendered. Acquirers now control 74.58% of the company. Change of control complete.