Announced Thu, 1 Oct, 2026 · 15:06 IST
Open Offer at Rs 1.10 per share for 26 percent stake in RGF Capital Markets
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
+10.0%1-day move
₹2.00
prior close
₹2.10
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0—+10.0+15.5+21.0+27.0——————
Up moveDown movePending
AI summary
Kunvarji Finstock has submitted the Letter of Offer to BSE for an open offer to public shareholders of RGF Capital Markets. Nine acquirers led by Nishad Jitendra Shah offer Rs 1.10 per share plus interest for up to 3,90,06,240 shares (26 percent of voting capital). Offer opens Oct 13 and closes Oct 27, 2026. Triggered under SEBI SAST Regulations 3(1) and 4 after RBI approval received Sept 24, 2026.
Likely market impact
Public shareholders can tender shares at Rs 1.10 between Oct 13 and Oct 27, 2026. The offer signals a change of control in the company.