Announced Tue, 18 Aug · 12:46 IST
Open offer by Dholu family for Lippi Systems concludes - only 1,000 shares tendered
Price
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Price reaction · full curve 14 horizons · vs prior close
+4.0%1-day move
₹234.75
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.0+2.3+0.2———————
Up moveDown movePending
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.