Open Offer for 23.17 lakh shares at Rs 136 each, change of control
Price
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Awaiting price reaction for this filing.
Three acquirers - Nilesh Patel, Vishal Patel and Bharatkumar Keshrani - have made a mandatory open offer to buy 23,16,964 shares (26 percent of expanded capital) of Niks Technology at Rs 136 per share. Maximum consideration is about Rs 31.51 crore. Offer opens Nov 3 and closes Nov 17, 2026. Triggered by a share purchase agreement and preferential allotment of 65.73 lakh shares that will give acquirers 52.09 percent stake and management control.
Public shareholders can tender shares at Rs 136 between Nov 3 and Nov 17. Acquirers will gain control and likely reconstitute the board.