Open Offer for acquisition of 26% equity shares

Open Offer TriggeredListed Co AcquisitionStrategic 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

-1.5%Reaction day

₹50.99

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%-0.0% vs market

Stockbroking & Allied peers, median of 39sector-1.4%-0.1% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.1 pts less than its Stockbroking & Allied 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

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5-1.4-0.0-1.4-0.1

Next day

+0.5+1.0-0.5-0.7+1.2

-1.2+0.8-2.0-0.2-0.9

-2.8+0.8-3.6-1.0-1.8

-3.9+0.5-4.4-1.2-2.7

-3.7+1.9-5.7-1.0-2.7

-3.8+3.5-7.3+0.7-4.5

15d

-5.9-0.5-5.4-4.7-1.1

-5.9+3.4-9.2-4.4-1.5

-7.8+9.9-17.7-0.3-7.6

-8.8+9.0-17.8+1.1-9.9

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 39Pending

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

AI summary

An open offer has been announced for Rikhav Securities Ltd to acquire up to 99,55,920 equity shares, representing 26% of the voting share capital. The detailed press release document was not accessible (BSE page returned an error), but the headline indicates a significant stake acquisition trigger.

Likely market impact

Open offer suggests a change in control or major stake purchase; existing shareholders may get an opportunity to exit at the offer price.