Open offer at rupees 60.13 per share for 26 percent stake in Mapro Industries

Open offer triggeredListed-company acquisitionStrategic Transactions View source PDF Explain this filing

Price

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

+2.0%Reaction day

₹77.71

prior close

₹79.25

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+1.3% vs market

Civil Construction peers, median of 95sector+0.6%+1.4% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.4 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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StockMarketvs marketSectorvs sector

Reaction day

+2.0+0.7+1.3+0.6+1.4

Next day

+4.0-1.0+5.0-0.4+4.4

+6.1-0.3+6.3-0.2+6.3

+8.2-1.9+10.1-1.9+10.1

+10.4-4.5+14.8-4.6+14.9

+12.6-5.5+18.0-5.8+18.3

+17.1-7.3+24.4-7.1+24.2

15d

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 95Pending

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

AI summary

Draft Letter of Offer filed for an open offer by Arambhveer Ltd to acquire up to 21,81,121 shares (26 percent) of Mapro Industries at rupees 60.13 per share, totaling about rupees 13.11 crore. This follows a Share Purchase Agreement signed September 24, 2026 to buy 26.05 percent from seller Sandeep Gupta at rupees 30 per share. The tendering period runs November 19 to December 3, 2026. Stock is under BSE Enhanced Surveillance Measure Stage 2.

Likely market impact

Shareholders can tender at rupees 60.13 each from November 19 to December 3, 2026. The offer price is roughly double the SPA trigger, giving an exit route.