Saffron Capital Advisors Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement in terms of Regulations 3(1) and 4 read with Regulations 13(4), 14(3) ....
Awaiting price reaction for this filing.
A group of four acquirers — Lotus Excel Wealth Creators LLP, HODL Systems LLP, Bagepalli Vijaykumar Harish, and Rattan Kapoor — have launched an open offer to buy up to 36,30,190 equity shares (26% of the emerging voting share capital) of Shamrock Industrial Company Ltd at ₹16.40 per share, totaling about ₹5.95 crore. The offer is triggered under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011, following share purchase agreements signed with the existing promoter group (the Khokhani family and Shamrock Entertainment Ltd). The Detailed Public Statement was issued on June 4, 2025, and published in Financial Express, Jansatta, and Pratahakal on June 5, 2025. Saffron Capital Advisors is acting as the manager to the offer.
Public shareholders can tender their shares at ₹16.40 per share during the offer window. The acquisition signals a change in control from the existing promoter group (Khokhanis) to the new acquirers, which may affect the stock's price and governance going forward.