Announced Wed, 16 Sept · 07:52 IST

GRT Jewellers open offer for TBZ at INR 249.61 per share

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF Explain this filing

TBZ · 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

+9.1%1-day move

₹527.00

prior close

₹525.95

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.0-3.4-3.2-2.9+9.1+14.5+20.2———————

Up moveDown movePending

AI summary

Axis Capital has filed Draft Letter of Offer for GRT Jewellers open offer to TBZ public shareholders at INR 249.61 per share. Offer covers up to 1,72,70,845 shares (25.88% of voting capital). Triggered by GRT SPA with TBZ promoters to buy 4,94,59,775 shares (74.12%) at max INR 209 per share. Tendering period: Oct 26 to Nov 6, 2026.

Likely market impact

TBZ public shareholders can tender shares at INR 249.61 from Oct 26 to Nov 6, 2026. Promoters selling 74.12% stake to GRT Jewellers.