27-Jun-2026 11:38:20
MARK CORPORATE ADVISORS : SUBMISSION OF PUBLIC ANNOUNCEMENT
• Submission of Public Announcement regarding Open Offer to the Public Shareholders of Antariksh Industries Limited. • Acquirer Mr. Alpitkumar Pravinchandra Gor and PAC Riddhi Infocom Solutions LLP triggered the Open Offer for acquisition of up to 6,31,785 equity shares representing 26.00% of the Emerging Voting Share Capital at a price of ₹86.00 per equity share. • Total consideration aggregates to ₹5,43,33,510/-, payable in cash. • The Open Offer is made pursuant to and in compliance with Regulations 3(1) and 4 of SEBI (SAST) Regulations, 2011. • The offer price of ₹86/- per equity share is in compliance with Regulation 8 of SEBI (SAST) Regulations, 2011. • The Acquirer and PAC have entered into a Share Purchase Agreement to acquire 1,50,599 equity shares and an approved issue and allotment of 14,13,550 equity shares on a preferential basis. • Total underlying transaction involves acquisition of 1,50,599 shares via SPA and 14,13,550 shares via preferential issue. • The Acquirer and PAC will control over the Target Company and will be classified as Promoters upon completion of the Open Offer. • Mrs. Gitaben Nitinbhai Patel is the selling shareholder for 1,50,599 shares. • The Target Company's equity shares are listed on BSE Limited. Impact: Neutral (Procedural filing of public announcement for an open offer)
Antariksh Industries Ltd
Open attachment