Citigroup Global Markets, as Manager to the Offer, announced that Nil shares (0% of offer size) have been tendered in the Open Offer for Sammaan Capital Ltd as of April 21, 2026. The offer, by Avenir Investment and IHC Capital, is for up to 34.17 crore shares, representing a 26.05% stake.
BC Asia Investments XXV Limited and BC Asia Investments XIV Limited have acquired control of Manappuram Finance Limited following a concluded open offer. The Investors are now classified as 'promoters' alongside existing promoters V.P. Nandakumar and family. The open offer concluded on April 20, 2026, with no shares tendered by the public.
Smart Services Private Limited has announced a ₹6.49 Crore open offer to acquire up to 25% of Sharp India Limited from public shareholders at ₹10 per share. This follows an agreement to acquire a 75% stake from Sharp Corporation, Japan. The transaction will result in a change of control and promoter for the company.
Value
₹6.49 Cr
Execution
The offer period schedule runs from April 14, 2026, to July 13, 2026.
Smart Services Private Limited has announced a mandatory Open Offer to acquire up to 64,86,000 equity shares (25% stake) of Sharp India Limited at ₹10 per share. The total offer value is ₹6.49 Crore. This follows a Share Purchase Agreement to acquire 75% stake from Sharp Corporation, triggering a change in control.
Value
₹6.49 Cr
Execution
Tendering period starts on 08.06.2026 and closes on 19.06.2026.
Citigroup Global Markets, manager to the open offer for Sammaan Capital Limited, reported that nil equity shares were tendered by public shareholders as of April 20, 2026. The offer by Avenir Investment RSC Ltd seeks to acquire up to 26.05% of the target company's expanded voting share capital.
Prasanna Natarajan and other acquirers have launched a ₹7 Crore Open Offer to acquire up to 70,00,000 equity shares (12.04% stake) of Tejassvi Aaharam Limited at ₹10 per share. The offer follows a share swap agreement and provides an exit opportunity for public shareholders.
Harmony Remedies India Private Limited, along with PACs, has launched a ₹0.56 Crore mandatory open offer to acquire a 40% stake in N2N Technologies Limited. The offer price is set at ₹4.30 per share, with the tendering period scheduled from April 30 to May 14, 2026.
Value
₹0.56 Cr
Execution
Thursday, April 30, 2026 to Thursday, May 14, 2026
Kotak Mahindra Capital, manager to the open offer for Manappuram Finance Ltd, reported that nil shares have been tendered in the escrow demat account as of April 20, 2026. The offer is for up to 24,42,27,387 equity shares by BC Asia Investments entities, representing 26% of share capital.
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.
Citigroup Global Markets India Private Limited, as Manager to the Open Offer for Sammaan Capital Limited, reported that nil equity shares were tendered in the escrow account as of April 17, 2026. The offer involves the acquisition of up to 26.05% of the company's voting share capital by Avenir Investment RSC Ltd and IHC Capital Holding LLC.
Kotak Mahindra Capital, acting as Manager to the Open Offer for Manappuram Finance Limited, reported that nil shares have been tendered in the escrow demat account as of April 17, 2026. The offer pertains to the acquisition of up to 26% stake by BC Asia Investments and PACs.
Kotak Mahindra Capital, acting as Manager to the Offer, reported that nil equity shares were tendered in the Open Offer escrow account for Manappuram Finance Limited as of April 16, 2026. The offer involves the acquisition of up to 24.42 crore shares, representing 26% of the company's expanded voting share capital by BC Asia Investments and PACs.
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.
Kotak Mahindra Capital, the Manager to the Open Offer for Manappuram Finance Limited, reported that no equity shares were tendered in the escrow account as of April 16, 2026. The offer pertains to the acquisition of up to 24,42,27,387 shares, representing 26.00% of the target company's expanded voting share capital.
Jyotirgamya Advisory and Ashok Kumar Chordia have launched a ₹33.68 Crore Open Offer to acquire up to 26% of AAA Technologies Limited. The offer price is set at ₹101 per share. The tendering period is scheduled from April 23, 2026, to May 07, 2026, following a triggering share purchase agreement for a 34.38% stake.
Kotak Mahindra Capital, acting as manager, disclosed that no equity shares were tendered by public shareholders in the Open Offer for Manappuram Finance Limited as of April 15, 2026. The offer is for a 26% stake by BC Asia Investments and PACs. The disclosure reflects shares held in the escrow demat account pending validation.
Kotak Mahindra Capital reported that zero shares were tendered in the Open Offer for Manappuram Finance Ltd as of April 15, 2026. The offer is being made by BC Asia Investments and PACs for up to 24.42 crore shares. Shares tendered remain subject to validation under SEBI SAST Regulations.
Avenir Investment RSC Ltd has announced an Open Offer to acquire up to 34,17,54,286 equity shares (26.05%) of Sammaan Capital Limited. The offer price is set at ₹139 per fully paid share, representing a total offer size of ₹4,750.4 Crore. The tendering period is scheduled from April 17 to April 30, 2026.
Simandhar Impex Limited's Committee of Independent Directors has concluded that the open offer by Farmico International Private Limited is fair and reasonable. The offer seeks to acquire 25.36% of the company at Rs. 30 per share, totaling ₹2.32 Crore. This follows the initial public announcement made on January 14, 2026.
PPMS Real Estates LLP triggered an Open Offer to acquire up to 26% of AVI Products India Ltd at ₹33 per share, totaling ₹2.84 Crore. The acquirer has already consummated share purchase agreements to acquire 34.72% of the voting capital. This mandatory takeover bid allows existing shareholders an exit option during the control shift.
Smart Services Private Limited launched an open offer to acquire a 25.00% stake in Sharp India Limited at ₹10 per share, totaling ₹6.49 Crore. This follows a Share Purchase Agreement to acquire a 75.00% controlling stake from Sharp Corporation, leading to a change in promoter control.
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.
The Magnum Ice Cream Company Holdco 1 Netherlands B.V. announced an open offer to acquire 61,08,93,729 shares (0.26% stake) of Kwality Wall's (India) Limited. The offer price is set at ₹21.33 per share, totaling ₹13030.36 Crore. The tendering period begins on April 23, 2026, and concludes on May 07, 2026.
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.
Kotak Mahindra Capital, acting as manager, reported that no equity shares were tendered by public shareholders in the Open Offer for Manappuram Finance Limited as of April 13, 2026. The offer, led by BC Asia Investments XV Limited, seeks to acquire up to 26% of the company's expanded voting share capital.
Kotak Mahindra Capital, manager to the open offer for Manappuram Finance Limited, reported that zero equity shares were tendered by public shareholders as of April 13, 2026. The offer is for up to 24,42,27,387 shares by BC Asia Investments and PACs. Acceptance remains subject to validation per SEBI SAST Regulations.
Switching Technologies Gunther Open Offer: ₹4.2 Cr
Switching Technologies Gunther Limited's Independent Directors have recommended an Open Offer by BBU Enterprises and others to acquire 26% of the company's capital. The offer is priced at ₹66.00 per share, totaling approximately ₹4.20 Crore. The committee considers the offer price fair and reasonable based on SEBI SAST valuation parameters.
Aica Kogyo Company, Limited has launched a mandatory open offer to acquire a 26% stake in Stylam Industries Limited at ₹2,250 per share. The total offer value is ₹991.46 Crore. This transaction follows the Japanese company's acquisition of joint control and is a significant consolidation event for Stylam shareholders.
Aica Kogyo Company, Limited has launched a ₹991.46 Crore mandatory open offer to acquire up to 44,06,496 equity shares (26% stake) of Stylam Industries Limited at ₹2,250 per share. The offer follows the acquirer's entry into share purchase agreements to acquire a controlling stake, establishing joint control with existing promoters.
The Magnum Ice Cream Company HoldCo 1 Netherlands B.V. has launched an open offer to acquire up to 26% of Kwality Wall’s (India) Limited for ₹1,303.04 Crore. The offer follows a 61.90% stake acquisition from Unilever group entities. The tendering period is scheduled from April 23, 2026, to May 7, 2026, at ₹21.33 per share.