Announced Fri, 23 Oct, 2026 · 18:40 IST
Control deal triggers open offer for Shaival Reality
SHAIVAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
On 23 October 2026, three individuals agreed to buy 84,06,000 shares, representing 72.63% of Shaival Reality, from the promoter sellers for Rs 30 per share. The buyers will gain control. They also plan to buy up to 30,09,240 shares, or 26% of the company, from public shareholders for Rs 30 per share, costing Rs 9.03 crore if fully accepted. Delisting is not planned.
Likely market impact
A new promoter group will take control. The Rs 30 cash offer may support the infrequently traded share, but holders must tender shares to receive the price.