Systematix Corporate Services Ltd ("Manager to the Offer") has submitted to BSE a copy of Post Offer Advertisement under Regulation 18(12) of the Securities and Exchange Board of India ....
Awaiting price reaction for this filing.
Systematix Corporate Services, acting as Manager to the Offer, has submitted a Post-Offer Public Announcement to BSE on behalf of the acquirers Mr. Vinoth Kumar Mohanadas and Mrs. Suseela Kumarappan. The open offer was for the acquisition of 30,94,000 equity shares (31.90% of the fully diluted share capital) of Dugar Housing Developments Limited under SEBI (SAST) Regulations. The Post-Offer advertisement confirming completion of open offer formalities was published on October 29, 2025 in the same newspapers where the Pre-Offer announcement had appeared. Copies have been forwarded to SEBI and the target company. The BSE filing is listed under Axentra Corp Ltd.
This is a procedural filing marking the formal closure of the open offer process — shareholders who tendered shares have likely received consideration, while remaining shareholders continue to hold with the acquirers' stake now formally recorded. No immediate share-price catalyst expected as the offer window has ended.