Announced Mon, 13 Jul · 19:31 IST
Ortin Global open offer closed with just 226 shares tendered
Compliance View source PDF
ORTINGLOBE · 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
-3.3%1-day move
₹16.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.3-0.6-3.2-5.0-6.4-7.6————
Up moveDown movePending
AI summary
Acquirer Mr. Parveen Satija launched an open offer for 21,14,162 shares (26 percent) of Ortin Global at Rs 14.65 per share. Offer ran from June 5 to June 18, 2026, with payment completed on July 3, 2026. However, only 226 shares were tendered by public shareholders, with total consideration of just Rs 3,310.90. Acquirer also holds 1,00,300 shares via SPA.
Likely market impact
Very poor open offer response shows weak shareholder interest; minimal change in ownership and no premium realised by public holders.