Announced Wed, 22 Jul · 15:42 IST

Independent Directors recommend on Lakhani family open offer

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
-0.3%1-day move
₹46.65
prior close
base price
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-0.3+1.2
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AI summary

Committee of Independent Directors of Rikhav Securities published its recommendation on July 22, 2026, regarding the open offer to acquire up to 99,55,920 equity shares. Four acquirers from the Lakhani family along with four persons acting in concert are making the offer under SEBI takeover rules. Published in Financial Express, Jansatta, and Pratahkal.

Likely market impact

Shareholders can review the independent directors recommendation before deciding on the open offer tender.