Announced Wed, 9 Sept, 2026 · 20:04 IST
Open Offer at Rs 136 per share for 26 percent stake in Niks Technology
Listed-company acquisitionOpen offer triggeredStrategic Transactions View source PDFExplain this filing
Price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Three acquirers triggered a mandatory open offer for up to 23,16,964 shares (26 percent of expanded equity) of Niks Technology at Rs 136 per share, totaling about Rs 31.51 crore. Triggered by a preferential allotment and share purchase deal. Acquirers will hold up to 52.09 percent post warrant conversion. Existing promoters to be reclassified as public.
Likely market impact
Change of control at Niks Technology. Public shareholders can tender at Rs 136 per share. Infrequently traded stock, so this price sets a benchmark.