Avishkar Infra Realty Triggers ₹23 Open Offer After 10.22% Promoter Stake Deal

Nalin Ramaniklal Shah plus 10 PACs offered to buy 58,24,853 shares (26%) at Rs23 cash, after SPA to acquire 22,88,838 shares (10.22%) at Rs17.84 from promoter Kapil Kothari. Offer includes delayed Feb 2024 trigger with 10% interest. Context: repeats prior offer structure at deep market discount.