Open offer at Rs.15/share for 26% stake in Mitshi India by Karronn Naresh Bajaj

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

Price

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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

+3.1%Reaction day

₹12.56

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+3.1% vs market

Trading & Distributors peers, median of 131sector+0.0%+3.1% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 3.1 pts more than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.1+0.0+3.1+0.0+3.1

Next day

-2.1-0.0-2.0+0.0-2.1

-5.4-0.2-5.2+0.0-5.4

-2.4+0.2-2.6-0.5-1.9

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+4.7+0.4+4.3-0.2+4.9

-0.1+0.9-1.0-1.7+1.6

15d

+10.2+1.6+8.6-2.4+12.6

+17.7+2.0+15.6-2.3+20.0

+7.1+0.6+6.5-6.1+13.2

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UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 131Pending

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

AI summary

Mr. Karronn Naresh Bajaj has triggered a mandatory open offer to acquire up to 22,88,000 equity shares (26%) of Mitshi India at Rs.15 per share, totaling up to Rs.3.43 crore. He has signed an SPA to buy 15.57% from existing promoters Kumar V Shah and Deepa Kumar Shah for Rs.2.05 crore, resulting in a complete change in control. Offer opens Sept 16, 2026 and closes Sept 29, 2026. Last BSE closing price was Rs.12.69 on Aug 5, 2026.

Likely market impact

Shareholders can tender at Rs.15, about 18% above last close of Rs.12.69. Change of control with new promoter set to replace existing promoters.