Open Offer filed for Prabhhans Industries at Rs 41.30 per share

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-4.4%Reaction day

₹78.50

prior close

₹81.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-5.1% vs market

Other Textile Products peers, median of 187sector+0.0%-4.4% vs sector

On the reaction day the stock moved 5.1 pts less than Nifty Microcap 250 and 4.4 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-2.2

15m

-0.1

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.4+0.7-5.1+0.0-4.4

Next day

-2.0-1.0-1.0-1.0-1.0

-5.7-3.6-2.2-2.9-2.9

+0.8-4.5+5.3-2.9+3.7

+0.5-6.8+7.3-5.1+5.6

-5.1-6.4+1.3-5.0-0.1

-0.8pendingpending-4.6+3.7

15d

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 187Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Exigo Recycling and three individuals, along with PACs, are making a mandatory open offer to acquire up to 54,82,248 equity shares of Prabhhans Industries at Rs 41.30 each, totaling up to Rs 22.64 crore. The offer represents 15.84 percent of expanded voting share capital and is triggered by a share swap preferential issue approved on September 30, 2026. Offer opens November 26, 2026 and closes December 9, 2026.

Likely market impact

Public shareholders may tender shares at Rs 41.30 between Nov 26 and Dec 9, 2026. Control will shift to Exigo Recycling-led group via preferential issue.