Open Offer triggered for 5.44% stake in Krishna Capital at ₹20/share

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ashu Bishnoi and Yagnik Tank (Acquirers) have triggered a SEBI-mandated open offer to buy 18,04,508 shares (5.44% of emerging voting capital) of Krishna Capital and Securities at ₹20 per share. The offer follows a Share Purchase Agreement to acquire 13,53,892 shares (4.08%) from existing promoters at ₹20/share, totalling ₹2.71 crore. A preferential issue of 3,00,00,000 shares at ₹20/share is also planned. DPS published on April 6, 2026.

Likely market impact

Public shareholders can tender shares at ₹20 during the offer window. Acquirers gaining control via SPA + preferential issue. Promoter group exiting.