Senthil Infotek Open Offer: ₹1.05 Cr
Senthil Infotek Ltd faces an open offer for 26% shares at Rs.8 per share. The offer size is Rs.1.05 Crore, as mandated under SEBI SAST rules.
- Value
- ₹1.05 Cr
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Senthil Infotek Ltd faces an open offer for 26% shares at Rs.8 per share. The offer size is Rs.1.05 Crore, as mandated under SEBI SAST rules.
The IDC deemed the ₹8/share Open Offer fair and compliant with SEBI SAST norms. Shareholders should independently evaluate before tendering shares.
Acquirers launched an open offer for up to 13,13,000 shares at ₹8 each, aggregating ₹1.05 Crore. The offer is mandatory following a 62.90% stake acquisition triggering SEBI SAST regulations.
Kolli Murali Krishna and Gogineni Srinivas have launched a ₹1.05 Crore open offer to acquire 26% of Senthil Infotek Limited. The offer follows a Share Purchase Agreement for a 62.90% stake at ₹5.50 per share. The open offer price is set at ₹8 per share, with the tendering period scheduled from June 03 to June 16, 2026.
Senthil Infotek Ltd announced a mandatory open offer by Kolli Murali Krishna and Gogineni Srinivas to acquire up to 13,13,000 shares (26% stake) at ₹8 per share. The ₹1.05 Crore offer follows a majority stake purchase via SPA. The tendering period is scheduled for June 3–16, 2026.
Kolli Murali Krishna and Gogineni Srinivas have launched a ₹1.05 Crore open offer to acquire a 26% stake in Senthil Infotek Ltd at ₹8 per share. The offer follows a share purchase agreement to acquire a 62.90% stake, triggering a mandatory takeover bid under SEBI regulations.