Finshore Management Services Ltd has submitted to the Exchange a copy of Detailed public statement under Regulation 15(3) and 14(3) of SEBI (SAST) Regulation, 2011 as amended, for the attention of the public shareholder of the company.
SANGINITA · price
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Finshore Management Services Ltd has filed a Detailed Public Statement with the NSE regarding an open offer for 1,56,89,957 fully paid-up equity shares of Sanginita Chemicals Limited (face value Rs. 10 each), representing 26% of the emerging fully diluted voting equity share capital. The open offer is being made under Regulation 15(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and is a continuation of an earlier intimation dated 20th March 2026. The Detailed Public Statement was published on 30th March 2026 in Financial Express, Jansatta, Pratahkal (Mumbai edition), and Chanchal (Gandhinagar edition).
Public shareholders of Sanginita Chemicals now have the formal opportunity to tender their shares in the open offer. The acquisition of a 26% stake typically signals a change in control or a strategic entry by a new acquirer, which may lead to short-term price volatility and a re-rating of the stock based on the offer price and acquirer's intent.