Announced Tue, 23 Jun · 15:24 IST
Open Offer for 26% stake in Purple Finance at Rs 55 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
-0.4%1-day move
₹66.00
prior close
₹66.39
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3———-0.4-0.0-3.3-1.3-2.8-3.0-0.0+4.6——
Up moveDown movePending
AI summary
Allied Commodities, Sandeep Jindal and PACs launch open offer for up to 1.76 crore shares (26% of voting capital) of Purple Finance at Rs 55 per share, totaling about Rs 97 crore. Offer runs July 1-14, 2026. Triggered by SEBI SAST Regulations 3 and 4 after preferential allotment of 1.26 crore warrants at Rs 55 each. RBI has approved change in control. No delisting planned.
Likely market impact
Shareholders can tender shares at Rs 55 between July 1-14, 2026. Acquirers gaining joint control. No delisting planned.