Open Offer by Bhardwaj family for 26% stake in Onyx Biotec at Rs 36.50 per share
ONYX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Letter of Offer filed for mandatory Open Offer to acquire up to 47,14,372 shares (26%) of Onyx Biotec at Rs 36.50 per share in cash, totalling about Rs 17.21 crores. Triggered by a Share Purchase Agreement dated July 24, 2026 where promoters Fateh Pal Singh and Sanjay Jain are selling 17.75% stake at Rs 32 per share. Four Bhardwaj family members as acquirers will become new promoters with about 65.04% post-offer holding. Tendering period: Oct 13 to Oct 27, 2026. Stock is listed on NSE Emerge.
Change of control incoming. Public shareholders may tender at Rs 36.50 between Oct 13 and Oct 27, 2026. Stock may trade near the offer price floor.