SUPREMEINFNSESupreme Infrastructure India Limited· ConstructionHighNeutral
Announced Tue, 2 Jun · 13:18 IST

Supreme Infrastructure India Limited has informed the Exchange about General Updates_ on the open offer involving Supreme Infrastructure India Limited

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF

SUPREMEINF · price

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▲ 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
-10.2%1-day move
₹86.98
prior close
₹82.18
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-10.2-14.5-9.4-11.8-9.8-6.9-10.9-7.7
Up moveDown movePending
AI summary

Supreme Infrastructure India Limited has submitted a general update to the stock exchange regarding an ongoing open offer involving the company. An open offer typically arises when an acquirer crosses certain shareholding thresholds, requiring them to offer to buy additional shares from public shareholders at a specified price. The company has not disclosed detailed terms such as offer price, number of shares, or the acquirer's identity in this particular update. Shareholders should watch for further filings that lay out the offer specifics and timeline. Until the formal offer document (Letter of Offer) is published, the actual financial impact on shareholders remains unclear.

Likely market impact

Open offers can create short-term price volatility as the market reprices the stock closer to the offer price. Existing shareholders may get an opportunity to exit at the offer price, but should wait for the detailed offer document before making decisions.