Announced Mon, 20 Apr · 18:24 IST
Zero shares tendered in Bain Capital open offer for Manappuram Finance
Capital Market Events View source PDF
MANAPPURAM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+9.5%1-day move
₹269.00
prior close
₹270.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+1.0+0.9+1.1+9.5+8.6+7.7+8.0+9.1+10.4+15.6+20.3+22.1+30.9
Up moveDown movePending
AI summary
Bain Capital (BC Asia Investments and PACs) open offer to buy up to 24.42 crore equity shares (26% of expanded voting capital) of Manappuram Finance from public shareholders received zero tendered shares as of April 20, 2026. The open offer is managed by Kotak Mahindra Capital per SEBI SAST Regulations, with the Letter of Offer dated March 25, 2026. Shares tendered are subject to validation and acceptance by the acquirer.
Likely market impact
Zero participation signals public shareholders found the offer price unattractive versus market value; may pressure the offer price or lead to a renegotiation.