Post Offer Ad published for Mitshi India open offer; Acquirer holds 22.15%

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF Explain this filing

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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

+6.8%Reaction day

₹13.00

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+6.0% vs market

Trading & Distributors peers, median of 133sector+0.0%+6.8% vs sector

On the reaction day the stock moved 6.0 pts more than Nifty Microcap 250 and 6.8 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

+6.8+0.8+6.0+0.0+6.8

Next day

+9.6+1.0+8.6+0.0+9.6

+7.6+1.7+5.9-0.3+7.9

+7.7+0.1+7.6+0.0+7.7

+9.4+0.8+8.6+0.0+9.4

+5.1-0.9+6.0-1.7+6.8

+3.1-4.5+7.6-2.4+5.5

15d

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UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 133Pending

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

AI summary

Mitshi India informed BSE about submission of the Post Offer Advertisement for the open offer by Mr. Karronn Naresh Bajaj. The offer was for 22,88,000 shares (26%) at Rs 15 per share, opened Sep 3 and closed Sep 17, 2026. Only 5,79,417 shares were tendered, well below the target. Total consideration paid was about Rs 86.91 lakh. Including 13,70,070 shares earlier acquired via SPA, the acquirer now holds 19,49,487 shares (22.15%) of Mitshi. Payment to shareholders was made on Oct 1, 2026.

Likely market impact

Low shareholder participation in the open offer - only 5.79 lakh shares tendered versus the 22.88 lakh target. Acquirer now holds 22.15% stake.