Announced Fri, 23 Oct, 2026 · 13:16 IST

Open offer raised to Rs 36.83 for up to 26 percent of equity

Open Offer TriggeredStrategic Transactions View source PDFExplain 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
+1.1%Reaction day
₹43.42
prior close
₹43.89
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-2.3%+3.4% vs market
Trading - Metals peers, median of 9sector-2.0%+3.1% vs sector

On the reaction day the stock moved 3.4 pts more than Nifty Microcap 250 and 3.1 pts more than its Trading - Metals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Trading - Metals peers, median of 9Pending

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

AI summary

RB International Holdings, Suyog Yogesh Desai and Nikita Suyog Desai will buy up to 2,342,295 shares, or 26 percent of RR MetalMakers India, from public shareholders. The cash price is Rs 36.83 per share, up from Rs 23.85, including Rs 12.98 compensatory interest for past offer violations. Tendering runs from October 26 to November 6, 2026. The independent directors find the price fair; the buyers plan to gain control.

Likely market impact

The higher cash price may support exits, while a control change and enhanced surveillance limits could raise volatility and reduce liquidity.