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Acquirers announced a mandatory open offer for 58.43 lakh shares (26% of Aar Shyam’s emerging equity) at ₹15 each, requiring ₹8.76 crore at full acceptance. The offer follows a proposed preferential issue and SPA acquisition, taking acquirers’ projected holding to 69.82% and transferring control, subject to approvals.
Aar Shyam India Investment Company Approves ₹7.4 Crore Issue And SVR Acquisition
Aar Shyam India Investment Schedules Board Meeting To Consider Preferential Fund Raise