GYR Capital Advisors Pvt Ltd ("Manager to the Open Offer") has submitted to BSE a copy of Post Offer Public Announcement for the attention of the public shareholders of Shilp Gravures Ltd ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shilp Gravures Limited has announced the completion of an open offer process for the acquisition of 15,98,948 equity shares (26% of the equity share capital) by Aikyam Sampati Management LLP and Mr. Pranav Chandrakant Bhalara at an offer price of Rs. 213 per share. The offer was made under SEBI Takeover Regulations, implying the acquirers likely crossed a mandatory open offer threshold due to an existing shareholding in the company. The Post Offer Advertisement, submitted by the Manager to the Offer (GYR Capital Advisors), was published in Financial Express (English and Gujarati), Jansatta (Hindi), and Mumbai Lakshadweep (Marathi) on April 30, 2025, indicating the open offer window has now closed.
This is a procedural post-completion filing, so the share price reaction is largely behind us. Shareholders who did not tender have now seen the offer window close. The next key event will be the acquirers' revised shareholding disclosure, which could inform price support or pressure going forward depending on whether the 26% target was met.