Announced Thu, 30 Jul · 17:22 IST
Open offer by Karronn Bajaj to acquire 26 percent stake in Mitshi India at Rs 15 per share
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
+0.0%1-day move
₹12.50
prior close
₹13.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9-1.9-1.1+4.7+0.0+0.8+2.8+0.5+3.6-5.0+8.2+4.1——
Up moveDown movePending
AI summary
Mr. Karronn Naresh Bajaj (Acquirer) has made an open offer to acquire up to 22,88,000 equity shares (26 percent) of Mitshi India at Rs 15 per share under SEBI (SAST) Regulations. This follows a Share Purchase Agreement dated July 23, 2026 with promoters Kumar V Shah and Deepa Kumar Shah for 13,70,070 shares (15.57 percent). Post-offer holding will be 41.57 percent. Total offer value up to about Rs 3.43 crore. Tender dates September 16 to 29, 2026.
Likely market impact
Change of control at Mitshi India. Promoters exiting. Shareholders can tender shares at Rs 15 in open offer window from Sept 16 to 29, 2026.