Vivro Financial Services Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Pre-Offer advertisement in accordance with Regulation 18(7) of the Securities and Exchange Board ....
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Shree Pacetronix Ltd has filed a Pre-Offer Advertisement in connection with an Open Offer by Akash Sethi (Acquirer) along with Atul Kumar Sethi, Amita Sethi, and Ashish Sethi (Persons Acting in Concert). The offer is to acquire up to 9,75,000 fully paid-up equity shares (26% of the expanded share capital) from public shareholders at ₹100 per share, with no revision in offer price. The Independent Directors Committee approved the offer on October 27, 2025, opining that the price is fair and reasonable. The Tendering Period runs from October 31, 2025 to November 14, 2025. Post-offer, the Acquirer and PACs combined holding will rise to 55.09% (from the current 24.25%), while public shareholding will reduce to 44.91%.
Public shareholders can tender their shares between October 31 and November 14, 2025 at ₹100/share in cash. If fully accepted, the promoter group's stake will cross 55%, potentially leading to increased control and reduced public float/liquidity in the stock.