Vivro Financial Services Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Draft Letter of Offer to the Public Shareholders of Shree Pacetronix Ltd ("Target Company").
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On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 1.6 pts less than its Medical Equipment & Supplies peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Vivro Financial Services, acting as Manager to the Offer, has filed the Draft Letter of Offer with BSE for an open offer to the public shareholders of Shree Pacetronix Ltd. The offer is triggered under SEBI Takeover Regulations because the existing promoters (Akash Sethi along with PACs Atul Kumar Sethi, Amita Sethi and Ashish Sethi) have entered a Securities Subscription Agreement to subscribe to 75,150 equity shares and 2,25,450 warrants at ₹81 per share (about ₹2.43 crore total). The open offer is to acquire up to 9,75,000 equity shares (26% of expanded share capital) from public shareholders at ₹100 per share, totaling ₹9.75 crore in cash. Currently, the promoter group holds 24.25% and post-offer they will hold up to 55.09% on a fully diluted basis. The tendering period runs from October 3, 2025 to October 16, 2025, and there is no competing offer or delisting proposal.
Public shareholders of Shree Pacetronix can tender their shares at ₹100 each during the offer window. The ₹100 offer price sits well above the ₹81 preferential allotment price, signaling a premium for exiting shareholders. With no delisting planned and minimum public shareholding maintained, retail investors retain liquidity post-offer.