Rishabh Digha Steel Announces Rs 47 Open Offer After 74% Takeover

29 October 2026

Rishabh Digha Steel & Allied Products Ltd.

SBA Infra Projects agreed on Oct 29, 2026 to acquire 40,76,701 shares representing 74.31% of Rishabh Digha Steel at Rs47 per share, triggering a mandatory open offer for up to 14,09,699 shares representing 25.69% at Rs47 cash, aggregating Rs6.63 crore.