17-Sept-2026 07:54:19

GSLSECAcquisition and merger

MARK CORPORATE ADVISORS : OPENS OFFER TO ACQUIRE 26% IN GSL SECURITIES AT ₹42/SHARE

• Open offer for acquisition of up to 11,11,526 equity shares of GSL Securities Limited representing 26.00% of the Equity Share Capital. • Offer price of ₹42 per equity share, aggregating to a total consideration of ₹4,66,84,092.00 payable in cash. • Transaction triggered by Share Purchase Agreement with promoters/promoter group sellers for 19,07,600 equity shares. • Acquirers: Mr. Shrikant Mitesh Bhangdiya, Ms. Aarti Shrikant Bhangdiya, and Ms. Sonal Kirtikumar Bhangdiya. • Post-transaction, the acquirers will collectively hold 44.62% of the voting share capital. • Selling shareholders include Mr. Sant Kumar Bagrodia, Ms. Shailja Bagrodia, Mr. Kumaar Bagrodia, and others.

GSL Securities Ltd

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