SUPREMEINFNSESupreme Infrastructure India Limited· ConstructionHighNeutral
Announced Tue, 2 Jun · 11:25 IST

Systematix Corporate Services Limited (Manager to the Offer) has informed to the Exchange regarding Update in relation to the Open Offer for Supreme Infrastructure India Limited (Target Company).

Open Offer TriggeredStrategic 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

Systematix Corporate Services Limited, acting as the Manager to the Open Offer for Supreme Infrastructure India Limited, has submitted an update to the stock exchange regarding the ongoing open offer process. The filing is procedural in nature, indicating continued progress of the open offer for the target company. No specific price, size, or revised timeline details are mentioned in this particular update.

Likely market impact

For shareholders, this is an interim procedural update rather than a new trigger event. Investors should watch for further disclosures detailing the offer price, open offer size, and the acquirer's identity to assess any potential impact on stock price or tendering decisions.