BSENDA Securities LtdHighPositive
Announced Tue, 15 Apr · 18:06 IST

Corporate Professionals Capital Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Offer Opening Public Announcement and Corrigendum to the detailed public statement under ....

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Ram Gopal Jindal (Acquirer) along with Mr. Gaurav Jindal (Person Acting in Concert) has launched an open offer to acquire up to 15,46,575 equity shares, representing 26.00% of the paid-up equity share capital of NDA Securities Ltd. The offer price includes interest of ₹2.59 per equity share, payable in cash. The offer is being made under Regulations 3(1) and 4 of SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011. Corporate Professionals Capital Pvt Ltd is acting as the Manager to the Offer. The filing includes the Offer Opening Public Advertisement and a Corrigendum to the earlier Detailed Public Statement, submitted to BSE on April 15, 2025.

Likely market impact

Existing public shareholders can tender their shares in the open offer at the disclosed price if they wish to exit. This signals a change in ownership/control of the company, which may lead to volatility in the stock price around the open offer window.