Announced Wed, 2 Sept · 17:40 IST
Pre-Offer Ad: Open Offer for 26% Mitshi India shares at Rs 15 each
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
+7.0%1-day move
₹13.74
prior close
₹14.13
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.2-0.2-0.9+7.0+7.6+5.4+3.7+4.9+3.0————
Up moveDown movePending
AI summary
Srujan Alpha Capital Advisors filed a pre-offer advertisement for Mr. Karronn Naresh Bajaj's open offer to acquire up to 22,88,000 shares (26% of voting capital) of Mitshi India at Rs 15 per share, payable in cash. The Independent Directors Committee termed the offer fair and reasonable. Offer opens September 3, 2026 and closes September 17, 2026. No competitive bid received. Implemented via BSE acquisition window.
Likely market impact
Public shareholders can tender shares at Rs 15 each between September 3 and September 17, 2026 through BSE's acquisition window.