Turnaround Corporate Advisors Private Limited ("Manager to the Offer") has submitted to BSE a copy of Post-Offer Advertisement in accordance with Regulation 18(12) of the SEBI (SAST) Regulations, ....
Awaiting price reaction for this filing.
Turnaround Corporate Advisors Private Limited (Manager to the Offer) has submitted a Post-Offer Advertisement to BSE in compliance with Regulation 18(12) of SEBI (SAST) Regulations, 2011. The advertisement, dated May 04, 2026, was published in Financial Express (English), Jansatta (Hindi), and Pratahkal (Marathi - Mumbai edition) on May 05, 2026. This is part of an open offer initiated by Guruomega Private Limited (Acquirer 1) and Mr. Man Mohan Katial (Acquirer 2) to acquire up to 7,80,000 equity shares representing 26% of the paid-up equity share capital of Aar Shyam India Investment Company Limited. This open offer appears to be triggered under SEBI's substantial acquisition regulations.
This filing indicates a change in control or substantial acquisition of the company. The open offer of 26% stake could lead to significant ownership change. Existing shareholders should note this regulatory-compliant transaction, which is a mandatory process under SEBI takeover rules.