Krishna Capital and Securities Limited received a Draft Letter of Offer for a mandatory open offer by Ashu Bishnoi and Yagnik Tank. The acquirers seek to buy up to 5.44% of the company at ₹20.00 per share, totaling ₹3.61 Crore. The offer follows a share purchase agreement to acquire a 42.87% controlling stake.
Ashu Bishnoi and Yagnik Tank announced a ₹3.61 Crore open offer to acquire up to 18,04,508 equity shares (5.44% stake) of Krishna Capital and Securities Ltd at ₹20 per share. The offer follows a triggered acquisition of 42.87% via a Share Purchase Agreement. The tendering period is scheduled from May 22, 2026, to June 04, 2026.