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Acquirers launched a ₹1.09 Crore open offer for a 26.00% stake in Fabino Enterprises Limited. The mandatory bid follows a controlling interest acquisition via SPA.
Acquirers R G Family Trust, Sameer Gupta, and Sundeep Gupta have launched a ₹1.09 Crore Open Offer to acquire a 26% stake in Fabino Enterprises Ltd at ₹20 per share. The offer follows a share purchase agreement to acquire 56.82% of the company, triggering a change in control under SEBI SAST regulations.
R G Family Trust and associates launched a mandatory open offer to acquire a 26% stake in Fabino Enterprises Ltd at ₹20 per share. The offer follows a Share Purchase Agreement to acquire 56.82% of the company for ₹2.15 Crore. The total deal value, including the open offer, is approximately ₹3.24 Crore.