GYR Capital Advisors Pvt Ltd ("Manager to the Open Offer") has submitted to BSE a copy of Offer Opening Public Announcement under Regulation 18(7) of Securities and Exchange Board of India ....
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GYR Capital Advisors, the manager to the open offer, has submitted the pre-offer advertisement to BSE for the open offer on Shilp Gravures Limited. Aikyam Sampati Management LLP and Mr. Pranav Chandrakant Bhalara are acquiring 15,98,948 fully paid-up equity shares (26% of the equity capital) at an offer price of Rs. 213 per share. The offer is being made under SEBI Takeover Regulations 3(1) and 4, with the pre-offer ad published on April 2, 2025 in Financial Express, Jansatta, and Mumbai Lakshadweep. The Letter of Offer was already filed on March 26, 2025.
Shareholders can now review the offer and tender their shares at Rs. 213 per share if they wish to exit. The Rs. 213 price will serve as a key reference point — retail investors should compare it with current market price and decide whether to tender or hold.