Open Offer by Mr. Karronn Bajaj to acquire 26% of Mitshi India at Rs.15/share
Price
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Mr. Karronn Naresh Bajaj is making a mandatory open offer to acquire up to 22,88,000 equity shares representing 26 percent of the voting share capital of Mitshi India Limited at Rs.15 per share in cash. The Independent Directors Committee has recommended the offer as fair and reasonable under SEBI Takeover Regulations. No competing bid was received and there is no revision in offer price. The tendering period runs from September 3 to September 17, 2026, implemented through the BSE acquisition window.
Shareholders can tender shares at Rs.15/share between Sept 3 and Sept 17, 2026. Independent Directors deem the offer fair and reasonable.