Open offer for Sanginita Chemicals at Rs 13.55 per share

Listed Co AcquisitionOpen Offer TriggeredStrategic 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

₹29.77

prior close

₹30.36

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+1.7% vs market

On the reaction day the stock moved 1.7 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

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Reaction day

+2.0+0.2+1.7

Next day

+4.0+1.1+2.9

+6.0+1.1+5.0

+8.2-0.9+9.0

+10.3+1.0+9.4

+12.5-0.5+13.0

+17.0+1.4+15.6

15d

+36.9+6.2+30.7

+54.0+7.1+46.9

+115.2+8.0+107.2

+88.3+11.2+77.1

UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Open offer for Sanginita Chemicals at Rs 13.55 per share by B N G Investment LLC and Anubhav Agarwal for up to 1.56 crore shares (26% of expanded capital), totaling about Rs 21.26 crore. Triggered under SEBI takeover rules after a share swap and purchase deal involving Agastya Green Energy. Offer runs June 10 to June 23, 2026. Offer price is below market price of Rs 20.69.

Likely market impact

Shareholders can tender shares from June 10-23. Offer price of Rs 13.55 is below market price of Rs 20.69, so selling may not be attractive.