Announced Tue, 16 Jun · 18:35 IST
Open offer triggered for Niraj Cement Structurals shareholders under SEBI takeover norms
NIRAJ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+12.2%1-day move
₹29.00
prior close
₹31.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+12.2+17.8+12.0+6.4+6.0+2.5+2.6+0.0——
Up moveDown movePending
AI summary
Navigant Corporate Advisors has filed a public announcement on behalf of an acquirer for Niraj Cement Structurals Ltd under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Filed under Reg 3(1) read with Reg 13, 14, and 15(1), it is directed at equity shareholders, signaling a substantial share acquisition that triggers a mandatory open offer to public shareholders. Further details on offer price and size are expected in the detailed public statement.
Likely market impact
Mandatory open offer triggered for public shareholders; watch offer price, tendering window, and potential price discovery impact on the stock.