Announced Fri, 23 Jan · 18:28 IST

Mark Corporate Advisors Pvt Ltd ("Manager to the Offer") has submtted to BSE a copy of Corrigendum to Public Announcement dated January 22, 2026 for the attention of the public shareholders ....

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mark Corporate Advisors, the Manager to the Offer, has submitted a corrigendum to the Public Announcement dated January 22, 2026 for Swarnsarita Jewels India Ltd. The Open Offer is for acquisition of up to 47,94,987 equity shares (22.97% of voting share capital) from public shareholders. The Acquirers are Mr. Mahendra Madanlal Chordia, Mrs. Asha M. Chordia, Mr. Sunny Mahendra Chordia, along with Swarnsarita Jewellers Private Limited (PAC). The Acquirers and PAC together already hold 51.79% of the target company pre-transaction. The corrigendum updates details of the acquirers (PAN, addresses, shareholding breakdown) and revises the timeline, stating the Detailed Public Statement (DPS) will be published on or before January 30, 2026. All other terms of the original Public Announcement remain unchanged.

Likely market impact

This is an administrative correction to the ongoing Open Offer and does not change the deal size or pricing. Existing shareholders can expect the Detailed Public Statement with full offer details within the next week, after which the open offer window will formally open.