Open Offer at ₹21/share for 26% stake in Reliable Ventures India

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF

Price

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▲ 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

-1.8%1-day move

₹28.50

prior close

₹29.60

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+1.0+0.0+0.0-1.8-3.5-8.4-12.8-16.9-8.5-4.6-10.5——

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AI summary

Acquirers Chennupati Sarath Kumar, Vasireddy Sivanag, and Ancla Technology Solutions are buying 54.08% (59,55,815 shares) from existing promoters at ₹21/share via SPA, triggering a mandatory open offer for 26% (28,63,354 shares) at ₹21/share. Total open offer value ₹6.01 crore. Offer period: July 31 to Aug 13, 2026. Post-deal, acquirers will hold 80.08% and take control. Promoters will fully exit.

Likely market impact

Public shareholders can tender shares at ₹21/share from July 31-Aug 13, 2026. Change of control incoming; existing promoters fully exiting.