Announced Tue, 1 Sept · 16:41 IST
Open Offer at Rs 15/share for 26 percent stake in Mitshi India by Karronn Naresh Bajaj
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
+8.6%1-day move
₹13.25
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+8.6+10.9+11.5+9.3+7.5+9.4————
Up moveDown movePending
AI summary
Mr. Karronn Naresh Bajaj has made an open offer to acquire up to 22,88,000 shares (about 26 percent of voting capital) of Mitshi India Limited at Rs. 15 per fully paid up share. The Independent Directors Committee (IDC) recommendations on this offer were published in newspapers on September 1, 2026, as required under SEBI takeover rules.
Likely market impact
Shareholders should review the IDC recommendations before deciding to tender shares in the open offer. The Rs. 15 offer price is the key benchmark.