Announced Fri, 23 Oct, 2026 · 18:05 IST
Rs 30 open offer follows proposed acquisition of 72.63% stake
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 October 23, 2026, three buyers agreed to buy 84.06 lakh shares, or 72.63% of Shaival Reality, from the selling promoters for Rs 30 each, taking control. This triggers an open offer for up to 30.09 lakh shares, or 26%, at Rs 30 each in cash, costing Rs 9.03 crore if fully accepted. The buyers do not intend to delist the stock.
Likely market impact
Public shareholders may tender at Rs 30 per share. Full acceptance could sharply reduce the public float and increase stock-price volatility.