Saffron Capital Advisors Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Post Offer Advertisement under Regulation 18(12) of the SEBI (SAST) Regulations, 2011, as amended ....
Awaiting price reaction for this filing.
Wallet Circle Technologies Limited made an open offer to acquire up to 12,72,133 equity shares (25.89% of voting capital) of Alchemist Corporation Limited at ₹16 per share in cash. Saffron Capital Advisors, acting as manager to the offer, has submitted the Post-Offer Advertisement to BSE after the closure of the tendering period. The advertisement was published on October 1, 2025 in Financial Express (English), Jansatta (Hindi), and Pratahkal (Marathi, Mumbai edition). The offer size was restricted to 25.89% instead of the standard 26% because that represents all shares held by public shareholders.
This filing signals the conclusion of the open offer process, meaning the tendering window has closed and results are now being formally published. Shareholders who participated will learn about share allotment, while remaining investors should watch for changes in shareholding patterns and any potential delisting or further acquisition moves by the acquirer.