Announced Thu, 17 Sept, 2026 · 18:44 IST
Open Offer at Rs 136 per share for Niks Technology, change of control
Open offer triggeredListed-company acquisitionStrategic Transactions View source PDFExplain this filing
Price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Three acquirers (Nilesh Patel, Vishal Patel, Bharatkumar Keshrani) have triggered a mandatory open offer for 23,16,964 shares (26% of expanded capital) of Niks Technology at Rs 136 per share. Total offer size is about Rs 31.51 crore. Acquirers will hold 52.09% post preferential issue, leading to change of control. Niks Technology will also acquire shares of Dev Satya Infra from acquirers via preferential route. Offer opens Nov 3, closes Nov 17, 2026.
Likely market impact
Change of control incoming. Public shareholders can tender shares at Rs 136 between Nov 3 and Nov 17, 2026.