Open offer by Farmico International at Rs. 30/share for 25.36% stake in Simandhar Impex

Open offer triggeredListed-company acquisitionStrategic Transactions View source PDF Explain this filing

Price

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

Price reactionminutes from the announcement price · days from the prior close

-2.5%Reaction day

₹121.00

prior close

₹118.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.2%-3.7% vs market

Gems, Jewellery And Watches peers, median of 36sector+0.6%-3.1% vs sector

On the reaction day the stock moved 3.7 pts less than Nifty Microcap 250 and 3.1 pts less than its Gems, Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.5+1.2-3.7+0.6-3.1

Next day

-2.5+0.6-3.1-0.3-2.1

-0.8+1.7-2.5-0.2-0.7

+3.3+3.0+0.3-1.4+4.7

+4.2+2.8+1.4-2.0+6.1

+9.4+1.3+8.1-1.9+11.3

+20.5+3.6+17.0-1.3+21.9

15d

+21.5+6.4+15.1-5.2+26.6

+21.4+2.3+19.2-5.6+27.1

+45.4+11.4+34.0-5.0+50.4

+17.2+12.6+4.6-7.9+25.1

UpDownMarket · Nifty Microcap 250Sector · Gems, Jewellery And Watches peers, median of 36Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.