Announced Wed, 29 Jul · 17:29 IST
Open Offer for 26 percent stake in Parmax Pharma at Rs 42.80 per share
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
-4.0%1-day move
₹109.09
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-4.0-5.9-7.7-5.9-4.0-0.2+16.8+21.4——
Up moveDown movePending
AI summary
Fedex Securities has published the Pre-Offer Advertisement for the Open Offer to acquire up to 23,46,250 equity shares (26 percent of expanded voting share capital) of Parmax Pharma at Rs 42.80 per share. Acquirers Dhiren Shah and Sunil Shah along with 10 persons acting in concert are making the offer. Tendering period opens July 30, 2026 and closes August 12, 2026. Ad published in Financial Express, Jansatta, and Mumbai Lakshdeep.
Likely market impact
Public shareholders can tender shares at Rs 42.80 between July 30 and August 12, 2026. The offer price sets a reference benchmark for the stock.