Srujan Alpha Capital Advisors LLP ("Manager to the Open Offer") has submitted to BSE a copy of Post Offer Advertisement under Regulation 18(12) of SEBI (SAST) Regulations, 2011 as amended ....
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Srujan Alpha Capital Advisors, the manager to the open offer, has submitted a copy of the Post Offer Advertisement to BSE. This relates to the open offer by Mr. Shailesh Agrawal and Mr. Ramji Das Agarwal to acquire up to 14,94,922 equity shares (26% of total equity) of RSC International Ltd at Rs. 9.50 per share. The Post Offer Advertisement was published on July 17, 2025 in The Financial Express, Jansatta, Prathakal, and Business Remedies newspapers. A post offer advertisement is published after the open offer process is completed, indicating the offer is now in its closing/wind-up stage.
This filing signals the near-completion of the open offer process. Shareholders who tendered their shares have been or will be settled at Rs. 9.50 per share. The stock may see reduced trading activity as the acquirers are now consolidating their 26% stake in the company.