Open Offers

R Systems zooms 20% on Blackstone's open offer to acquire majority stake

Blackstone has made an offer for acquiring up to 57.17 million equity shares, representing 48.33 per cent of R Systems equity, at Rs 245 apiece.

Adani open offer for additional stake in NDTV starts Oct 17: JM Financial

Open offer for acquiring up to 1.67 crore equity shares will amount to Rs 492.81 crore, if fully subscribed

Ambuja Cements hits new high ahead of closure of Adani Group's open offer

The stock has surged 17 per cent in a month ahead of the closure of Adani Group's open offer on Friday, September 9

Adani Group's open offer lifts NDTV to 14-year high, stock hits upper limit

The existing promoter group (Roy family) of NDTV has claimed Adani group firms had acquired the stake without consulting its promoters, thus, there may be some legal repercussion ahead.

Escorts slips 8% in two days ahead of closure of open offer by Kubota

Till Friday, March 25, 2022, around 43.62 million equity shares had been tendered in the open offer, against 37.49 million shares proposed by Japan's Kubota Corporation

Sebi mulls easing 'open offer' pricing formula for PSU disinvestment

Pricing formula to discover open offer price may be eased

Sebi to reduce timelines for completion of buybacks, open offers

Also proposes shortening the share tendering process by five days in the case of both buybacks and open offers

United Breweries reverses gains, slips 6% post huge block deals

Around 39.76 million shares, representing 15 per cent of the total equity of United Breweries changed hands on the BSE, the exchange data shows

PNB Housing Fin zooms 20% on board nod to raise Rs 4,000 crore

Carlyle has agreed to invest up to Rs 3,185 crore through a preferential allotment of equity shares and warrants, at a price of Rs 390 per share

BNK Capital hits 20% upper circuit as open offer priced at Rs 200 per share

In the past two trading days, the stock has rallied 33 per cent from the level of Rs 125.05 hit on Friday

Vedanta raises open offer price for Indian unit to Rs 235 per share

Anil Agarwal-led Vedanta Resources Plc on Tuesday raised the open offer price for buying shares in its flagship Indian firm to Rs 235 per share, nearly 4 per cent higher

Vedanta Resources promoters launch open offer for 10% of India unit

If Vedanta Ltd. holders were to accept share tenders for the entire 10%, the consideration for the deal would be Rs 5,948 crore

Open offers by listed companies decline 39% to Rs 9,000 cr in Apr-Oct

According to Sebi's latest monthly report, a total of 30 open offers for shares worth Rs 8,973 crore were made by the companies during the April-October this financial year (2020-21)

ABB Power open offer: What sparked it and why small shareholders are sore

ABB Power Products and Systems India is in the news due to a controversy over its open offer price. Here is an explainer on this issue:

Investors with physical securities can tender shares in buybacks: Sebi

The clarification came after Sebi received representations from investors, expressing concerns that they have not been able to participate in open offers, buybacks

Sebi extends relaxation in procedural norms for open, buyback offers

The regulator, in May, had granted one-time relaxations from strict enforcement of SAST Regulations and norms for buyback of securities through open and buyback tender offers

Sebi exempts Somany Ceramics promoter trusts from making open offer

As per the regulatory norms, the proposed acquisition will attract the obligation to make open offer under the Takeover Regulations.

Why do acquirers hate mandatory open offers to buy equity?

Why is the open offer of a few hundred crores the biggest obstacle in the way of the acquirer?

Open offers by listed firms fall 32% in FY16

A total of 73 open offers for shares worth Rs 11,766 crore were made by the companies in the financial year 2015-16