BSEShree Pacetronix LtdHighNeutral
Announced Thu, 14 Aug · 16:32 IST

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has received a copy of the Detailed Public ....

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Shree Pacetronix Limited has disclosed the Detailed Public Statement for an open offer by its existing promoter group — Akash Sethi (Acquirer) along with his father Atul Kumar Sethi (Managing Director), mother Amita Sethi, and brother Ashish Sethi (collectively the PACs). The offer is to acquire up to 9,75,000 equity shares (26% of expanded share capital) from public shareholders at Rs. 100 per share, totaling Rs. 9.75 crore. The open offer was triggered by a Securities Subscription Agreement signed on August 7, 2025, under which the company will issue 75,150 equity shares and 2,25,450 convertible warrants to the Acquirer on a preferential basis at Rs. 81 per share. Post-offer, the promoter group's combined holding will rise to about 55.09% of fully diluted equity capital. The offer price of Rs. 100 is just above the 60-day volume-weighted average market price of Rs. 99.95. The tendering period is scheduled from October 3 to October 16, 2025.

Likely market impact

Public shareholders can tender their shares at the offer price of Rs. 100 between October 3-16, 2025, subject to standard documentation. The promoter group's increased stake consolidates control but the company will continue to be listed and no delisting is proposed. The offer is a mandatory SEBI-triggered event arising from the preferential allotment, so it primarily affects shareholders deciding whether to exit at the offer price or hold.