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 Securities and Exchange Board of India (Substantial ....
Awaiting price reaction for this filing.
The open offer for Shamrock Industrial Company Ltd, managed by Saffron Capital Advisors, has entered its post-offer phase. Four acquirers — Lotus Excel Wealth Creators LLP, HODL Systems LLP, Bagepalli Vijaykumar Harish, and Rattan Kapoor — sought to buy up to 14,11,388 equity shares from public shareholders at ₹16.40 per share, totalling about ₹2.31 crore. The Post Offer Advertisement dated November 26, 2025 was published on November 27, 2025 in Financial Express, Jansatta, and Pratahkal (Mumbai edition), as required under Regulation 18(12) of the SEBI Takeover Regulations, 2011. This filing is a mandatory compliance step indicating the open offer window has closed and the acquisition process is being formally concluded.
For public shareholders, the open offer is now in its closing/settlement stage — those who tendered shares will receive ₹16.40 per share. The stock may see limited near-term volatility as the acquirers' holdings are formalised, but no fresh corporate action is expected from this filing alone.