Announced Tue, 27 May · 11:16 IST

Citigroup Global Markets India Private Limited has Submitted to the Exchange a copy of post offer advertisement under Regulation 18(12) of�the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the attention of the shareholders of the Company.

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF

SANOFICONR · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Citigroup Global Markets India Private Limited, acting as the manager to an offer, has submitted a post offer advertisement to the exchange under Regulation 18(12) of the SEBI Substantial Acquisition of Shares and Takeovers Regulations, 2011. This filing is made for the attention of the shareholders of Sanofi Consumer Healthcare India Limited and relates to the conclusion of an open offer made to acquire shares from public shareholders. A post offer advertisement is published after the open offer window closes and typically discloses the final acceptance levels and the acquirer's intention regarding the next steps, such as maintaining listing or proceeding with delisting.

Likely market impact

Shareholders who tendered their shares in the open offer will get clarity on the final acceptance ratio and settlement timeline. For remaining public shareholders, this signals that the acquirer has completed the tendering phase and may be evaluating whether to proceed with delisting or maintain the company's listed status, which could affect liquidity and future price discovery.