Open Offer at Rs 136 per share for 26% stake in Niks Technology
Price
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Awaiting price reaction for this filing.
Three acquirers (Nilesh Patel, Vishal Patel, Bharatkumar Keshrani) have triggered a mandatory Open Offer for up to 23,16,964 shares (26%) of Niks Technology at Rs 136 per share under SEBI Takeover Regulations. The offer follows a Share Purchase Agreement with existing promoters and a share swap where Niks Tech will acquire 100% of Dev Satya Infra Pvt Ltd for Rs 34.99 crore via preferential issue. Post deal, acquirers will hold 78.09% of expanded capital, causing change of control. Offer opens Nov 3 and closes Nov 17, 2026.
Shareholders can tender shares at Rs 136 in the open offer. Change of control event with new promoters taking over. Watch for price movement around offer window.