Open Offer at Rs 13.55 per share for 26 percent stake in Sanginita Chemicals

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF Explain this filing

SANGINITA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.0%Reaction day

₹31.57

prior close

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announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-2.0%+4.0% vs market

On the reaction day the stock moved 4.0 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+2.0-2.0+4.0

Next day

+4.0-0.1+4.2

+6.1-1.6+7.6

+8.2-2.7+10.8

+10.3+0.3+10.1

+12.5+2.0+10.5

+17.0+3.7+13.3

15d

+37.0+5.2+31.7

+54.1+3.3+50.8

+83.5+9.0+74.5

+96.1+11.8+84.3

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

An acquirer has triggered a mandatory open offer to buy up to 1.56 crore equity shares of Sanginita Chemicals, equal to 26 percent of its expanded voting capital, at Rs 13.55 per share in cash under SEBI Takeover Rules. The company's Committee of Independent Directors has published its recommendations in newspapers on June 5, 2026.

Likely market impact

Public shareholders can tender shares at Rs 13.55 in cash. The offer price acts as a short term price benchmark for the stock.