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

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

-3.3%Reaction day

₹28.50

prior close

₹29.60

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%-4.4% vs market

Hotels & Resorts peers, median of 54sector+0.2%-3.5% vs sector

On the reaction day the stock moved 4.4 pts less than Nifty Microcap 250 and 3.5 pts less than its Hotels & Resorts 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

+0.0

10m

+1.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.3+1.1-4.4+0.2-3.5

Next day

-1.8+1.6-3.4+0.0-1.8

-3.5+2.4-5.9+1.5-5.0

-8.4+3.3-11.6+2.2-10.6

-12.8+2.5-15.3+1.4-14.2

-16.9+2.4-19.4+1.4-18.4

-8.5+1.5-10.0+0.1-8.6

15d

-4.6+2.6-7.3+0.5-5.1

-10.5+2.2-12.7-0.6-9.9

-0.9+6.8-7.8-2.2+1.2

-12.7+5.9-18.6-2.5-10.2

UpDownMarket · Nifty Microcap 250Sector · Hotels & Resorts peers, median of 54Pending

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

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.