We wish to inform you that we are in receipt of enclosed Pre-Offer Advertisement of offer issued by Vivro Financial Services Private Limited in relation to the Open Offer to the Public ....
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Shree Pacetronix Limited has received a Pre-Offer Advertisement from Vivro Financial Services for an Open Offer by Akash Sethi (Acquirer) along with PACs Atul Kumar Sethi, Amita Sethi, and Ashish Sethi. The offer is for up to 9,75,000 equity shares (26% of expanded share capital) at ₹100 per share, payable in cash. The offer is triggered under Regulation 3(1) of SEBI SAST Regulations following a preferential issue and share purchase agreement. The Committee of Independent Directors has deemed the offer price 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% of the company.
Public shareholders can tender their shares at ₹100 per share between Oct 31 and Nov 14, 2025. Post-offer, the promoter group holding will increase from 24.25% to 55.09%, signaling a significant change in control and reduced public float to about 44.91%.