Saffron Capital Advisors Private Limited ("Manager to the Open Offer") has submitted to BSE a copy of Reminder Advertisement for the attention of the Public Shareholders of Tejassvi Aaharam ....
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Saffron Capital Advisors, acting as Manager to the Open Offer, submitted a reminder advertisement dated May 2, 2026 to BSE on May 4, 2026. Four Acquirers (Prasanna Natarajan, Rajat Chakra Credit & Holdings Pvt Ltd, Sipping Spirits Pvt Ltd, and Saranga Investments & Consultancy Pvt Ltd) along with PAC Rajalakshmi Natarajan are offering to buy up to 70 lakh equity shares at ₹10 per share, totaling ₹7 crore. This represents 12.04% of the Emerging Voting Share Capital. The offer is being made for 12.04% instead of the usual 26% minimum because some shareholders are deemed PACs and ineligible to participate. Physical shareholders who haven't received the Letter of Offer can request copies from the Registrar.
Shareholders have another reminder to participate in the open offer. The ₹10 offer price equals face value, so shareholders should carefully evaluate whether to tender shares or hold for potential higher future value.