Post Offer Advertisment
Awaiting price reaction for this filing.
Premium Capital Market and Investments Ltd has informed BSE about the Post-Offer Advertisement for the open offer made by Suman Nandi to acquire shares from public shareholders. The offer was for up to 17,04,000 equity shares (26% of paid-up capital) at Rs. 6.40 per share, with a total offer size of Rs. 1.09 crore. The offer ran from January 16 to January 30, 2026, and was fully subscribed, with all 17,04,000 shares tendered and accepted (100% acceptance). Post-offer, the acquirer's shareholding rose from 15,89,300 shares (24.25%) to 32,93,300 shares (50.25%), giving Suman Nandi majority control of the company. Payment to shareholders who tendered is scheduled for February 13, 2026. Interactive Financial Services Limited acted as Manager to the Offer.
This marks a change of control — the acquirer has crossed the 50% threshold, taking majority ownership of the company. Shareholders who tendered will receive Rs. 6.40 per share on February 13, 2026; those still holding may want to weigh whether to stay given the new controlling shareholder.