Open Offer at Rs 20 per share for Tusaldah Limited

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

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Price reactionminutes from the announcement price · days from the prior close

-5.0%Reaction day

₹155.65

prior close

₹147.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-5.2% vs market

Other Textile Products peers, median of 189sector+0.2%-5.2% vs sector

On the reaction day the stock moved 5.2 pts less than Nifty Microcap 250 and 5.2 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

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Reaction day

-5.0+0.2-5.2+0.2-5.2

Next day

-6.7+0.9-7.6+0.9-7.6

-11.3-0.8-10.6+0.3-11.6

-6.9-0.1-6.8+0.3-7.2

-19.4-1.7-17.7-0.2-19.2

-23.4-4.3-19.1-2.2-21.2

-23.6-7.5-16.1-4.6-18.9

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 189Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoters Sandeep Agrawal and Anupriya Agrawal to make open offer for up to 37,83,000 shares (26 percent of expanded capital) at Rs 20 per share. Offer opens November 20, 2026 and closes December 4, 2026. Triggered by preferential issue and acquisition of Tusaldah Ventures Private Limited, which will become Tusaldah's wholly owned subsidiary. Post-offer promoter holding estimated at 78.87 percent. Not conditional on minimum acceptance.

Likely market impact

Shareholders may tender shares at Rs 20 each from November 20 to December 4, 2026. Post-offer, promoters will hold about 78.87 percent of expanded capital.