19-Oct-2026 17:58:36
GVBLAcquisition and merger
GVBL : MANDATORY OPEN OFFER FOR 26% WORTH RS 2.38 CR
• Open offer for up to 7,94,170 equity shares, representing 26.00% of voting share capital, at ₹30 per share • Aggregate consideration payable to public shareholders at full acceptance is ~₹2.38 Cr • Underlying SPA: acquirers Pankaj Grover and Abhisek Gupta to buy 14,07,000 shares (46.06%) from promoter Yogesh Agrawal at ₹30/share, aggregating ~₹4.22 Cr • Post-SPA holding: Pankaj Grover 9,07,000 shares (29.69%), Abhisek Gupta 5,00,000 shares (16.37%), total 46.06% • Offer is a triggered mandatory open offer under SEBI SAST Regulations 3(1) and 4; target listed on BSE as GVBL
Genomic Valley Biotech Ltd
Open attachment