Zero shares tendered in Bain Capital's open offer for Manappuram Finance

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF

MANAPPURAM · price

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▲ 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

+0.6%1-day move

₹267.10

prior close

₹263.10

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.4-0.2-0.1-0.1+0.6+0.7+0.8+0.7+5.9+9.3+16.4+16.4+19.1+24.1

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AI summary

Bain Capital (via BC Asia Investments XXV Ltd) launched an open offer to acquire up to 24.42 crore equity shares (26% of expanded voting capital) of Manappuram Finance. Kotak Mahindra Capital, the offer manager, disclosed that zero shares were tendered by public shareholders as of 4:49 PM on April 10, 2026. Tendered shares are subject to validation under SEBI SAST Regulations and the Letter of Offer dated March 25, 2026.

Likely market impact

Nil public response to Bain Capital's 26% open offer so far; could signal pricing concerns, though tendering window may still be open.