INANI SECURITIES : OPEN OFFER FOR 26% STAKE WORTH RS 7.11 CR

• Acquirer Aikyam Financial Services to buy 25,94,214 shares (56.92%) from promoters at ₹60/share, aggregating ~₹15.57 Cr • Open offer for up to 11,85,002 shares (26%) at ₹60/share; total consideration ~₹7.11 Cr • Offer triggered under SEBI (SAST) Regulations 3(1) and 4; acquirer to become promoter of the target • Sellers to hold nil equity post transaction and exit the promoter/promoter group category • Target is a SEBI registered stock broker, trading member of BSE and NSE and depository participant with CDSL; acquisition subject to approvals from SEBI, BSE, NSE, CDSL and clearing corporations • Acquirer intends to retain listing status; no delisting offer proposed

Inani Securities Ltd

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