Open offer at Rs 8/share to acquire 26% from public shareholders
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Synfinx Capital has filed the Letter of Offer with BSE for an open offer to public shareholders of Senthil Infotek Ltd. Acquirers Kolli Murali Krishna and Gogineni Srinivas will buy up to 13,13,000 shares (26% of voting capital) at Rs 8 per share, totalling up to Rs 1.05 crore. This is a mandatory open offer triggered by an SPA dated April 8, 2026, under which the Acquirers will buy 31,76,300 shares (62.90%) from promoters at Rs 5.50 per share (Rs 1.75 crore total), gaining control. Tendering period: June 18 to July 2, 2026.
Open offer gives public shareholders an exit opportunity at Rs 8/share. Change of control likely; existing promoters will be reclassified as public.