Announced Sat, 11 Jul · 09:08 IST
Ortin Global Open Offer: Only 226 Shares Tendered of 21.14 Lakh Offered
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
-0.1%1-day move
₹16.00
prior close
₹17.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.1-3.3-0.6-3.2-5.0-6.9————
Up moveDown movePending
AI summary
Mr. Parveen Satija's open offer to buy 26 percent (21,14,162 shares) of Ortin Global at Rs 14.65 per share got a very weak response. Only 226 shares were tendered, against 21.14 lakh offered, with total payout of just Rs 3,310.90. The offer ran from June 5 to June 18, 2026, with payment completed on July 3, 2026. The acquirer also bought 1,00,300 shares through a Share Purchase Agreement. Post-offer holding stands at 1,00,526 shares (1.24 percent).
Likely market impact
Very poor open offer response signals weak investor interest at Rs 14.65. Acquirer failed to build meaningful stake through the open offer route.