Announced Wed, 22 Jul · 15:10 IST
Open offer to acquire 50 percent stake in Trio Mercantile at Rs 1.25 per share
Price
▲ 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
+3.6%1-day move
₹2.47
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+3.6+5.7+7.7+9.7——————
Up moveDown movePending
AI summary
Manager to the Offer has submitted Offer Opening Public Announcement to BSE under SEBI Takeover Regulations for acquisition of up to 3,39,68,300 equity shares (50 percent of paid-up capital) of Trio Mercantile at Rs 1.25 per share by Kaushik Jagannath Joshi along with PACs. Tendering period opens July 29 and closes August 11, 2026.
Likely market impact
Public shareholders can tender shares between July 29 and August 11, 2026 at Rs 1.25. Offer signals change of control attempt.