Announced Thu, 1 Oct, 2026 · 08:54 IST
Open offer at Rs 41.30 per share by Exigo Recycling-led acquirers
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
+10.2%1-day move
₹53.97
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+10.2+15.7+21.5+27.6——————
Up moveDown movePending
AI summary
Prabhhans Industries faces open offer at Rs 41.30/share for up to 54.82 lakh shares (15.84% of expanded capital), totalling Rs 22.64 crore. Triggered by share-swap where Prabhhans issues 2.83 crore preferential shares to acquire Reown Device and MTOW Mobility. Post-deal, acquirers will hold 74.92% and become new promoters.
Likely market impact
Public shareholders can tender at the offer price. Control shifts to new acquirers holding 74.92% post-deal. Watch for tendering dates.