Announced Fri, 17 Apr · 12:22 IST
Open offer by Farmico International at Rs. 30/share for 25.36% stake in Simandhar Impex
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.5%1-day move
₹121.00
prior close
₹118.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-2.5-0.8+3.3+4.2+9.4+20.5+21.5+21.4+45.4+17.2
Up moveDown movePending
AI summary
Farmico International Pvt Ltd is making an open offer to acquire up to 7,75,310 equity shares (25.36%) of Simandhar Impex Ltd at Rs. 30 per share. The offer opens on April 20, 2026 and closes on May 4, 2026. Independent Directors Committee finds the offer price justified. No competitive bid received. Payment to shareholders by May 18, 2026.
Likely market impact
Public shareholders can tender shares at Rs. 30/share during the offer window (Apr 20 – May 4, 2026). IDC considers the price fair.