Announced Tue, 29 Sept, 2026 · 17:37 IST
Open Offer at Rs 48 for 26 percent stake in Oseaspre Consultants
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Mr Nimesh Sahadeo Singh triggers a mandatory open offer for Oseaspre Consultants at Rs 48 per share, targeting up to 1,82,000 shares (26 percent). This follows an SPA to buy 21.01 percent from Wadia group sellers at Rs 48 and a preferential allotment of 3,25,000 shares to the acquirer. Offer opens November 9, closes November 23, 2026.
Likely market impact
Public shareholders can tender at Rs 48. Acquirer will take control and may change the board, marking a change of control from the Wadia group.