Jindal Leasefin Open Offer
Jindal Leasefin Ltd has withdrawn its Open Offer following the Reserve Bank of India's refusal to approve the proposed change in management and acquisition of control.
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Jindal Leasefin Ltd has withdrawn its Open Offer following the Reserve Bank of India's refusal to approve the proposed change in management and acquisition of control.
Tirupati Agrotech Private Limited has announced a ₹1.41 Crore Open Offer to acquire 7,82,314 equity shares (26% stake) of Jindal Leasefin Limited at ₹18 per share. This follows a Share Purchase Agreement to acquire a 73.11% stake from the promoter group, triggering a mandatory takeover bid under SEBI regulations.
Tirupati Agrotech Private Limited has announced an open offer to acquire up to 7,82,314 equity shares (26%) of Jindal Leasefin Ltd at ₹18 per share. The ₹1.41 Crore offer follows a majority stake acquisition via a Share Purchase Agreement. The transaction marks a change in control and management of the target company.