Saffron Capital Advisors Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Offer Opening Public Announcement and Corrigendum to Detailed Public Statement under Regulation ....
Awaiting price reaction for this filing.
A group of four acquirers — two LLPs (Lotus Excel Wealth Creators and HODL Systems) and two individuals (Bagepalli Vijaykumar Harish and Rattan Kapoor) — have launched a mandatory open offer to buy up to 14,11,388 equity shares (about 26%) of Shamrock Industrial Company Ltd from public shareholders. The offer price is fixed at ₹16.40 per share, taking the total offer size to roughly ₹2.31 crore. The offer has been triggered under Regulations 3(1) and 4 of SEBI's Takeover Code, 2011, following a Share Purchase Agreement with the existing promoters. The acquirers already hold around 5,45,633 shares (10.05%) of the company. The tendering (bidding) window is revised to run from October 30, 2025 to December 4, 2025. Saffron Capital Advisors is managing the offer and Bigshare Services is the registrar.
Public shareholders of Shamrock Industrial get a clear exit opportunity at a fixed price of ₹16.40 per share during the tendering window. Given the small total offer size (₹2.31 crore) and the offer being part of a change in control, shareholders should weigh participation against prevailing market price and any post-offer liquidity changes.