Open Offer Public Notice for Lippi Systems Acquisition

Open Offer TriggeredListed Co AcquisitionStrategic 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

₹254.80

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+1.5% vs market

Industrial Products peers, median of 128sector+0.3%+1.7% vs sector

On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 1.7 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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Reaction day

+2.0+0.5+1.5+0.3+1.7

Next day

+4.0-0.1+4.1-0.4+4.4

+6.1+1.0+5.1-0.2+6.2

+8.2+2.3+5.9+1.0+7.2

+6.0+2.8+3.3+1.3+4.7

+3.9+4.1-0.2+1.5+2.4

-0.2+4.5-4.6+1.4-1.6

15d

-4.2+4.8-9.0+0.5-4.7

-18.0+6.4-24.4+1.3-19.2

-8.2+5.5-13.7+1.0-9.2

-15.0pendingpending-3.4-11.6

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 128Pending

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

AI summary

Five members of the Dholu family (Vinesh, Jagdish, Shivji, Jagruti, Parul) have triggered a mandatory open offer to acquire up to 33,82,231 equity shares (25.05 percent of expanded capital) from public shareholders of Lippi Systems. Offer is under SEBI SAST Regulations, Reg 3(1) and 4. Manager: Vivro Financial Services. Letter of Offer was dispatched on July 11 (email) and July 13 (speed post) 2026.

Likely market impact

Public shareholders can tender shares in the open offer. Promoter group is consolidating stake via SEBI-mandated takeover process.