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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
ECS Biztech Ltd

ECS Biztech Open Offer by Mr. Rakesh Ramanlal Shah sees 715 shares tendered

M&A ● No Immediate Change LOW RISK
📅 Filed on BSE: 13 Oct 2026, 05:47 PM IST  ·  BSE ID: 08ade8a3-0923-4805-8a75-7712a8c6ef40
View Original BSE Filing (PDF)
💡
In Simple Terms
An open offer to buy additional shares of ECS Biztech received bids for only 715 shares out of 53,44,313 offered.
🤖 AI Summary
  • Open offer for ECS Biztech Limited by Mr. Rakesh Ramanlal Shah and Komal Infotech Private Limited closed.
  • Only 715 equity shares were tendered and accepted against the proposed 53,44,313 shares.
  • The offer price of Rs. 10.50 per share remained unchanged for all acquired shares.
  • Acquirers' post-offer shareholding is 1,34,47,651 Equity Shares, representing 65.42% of the company.
  • Public shareholding is 71,07,396 Equity Shares, constituting 34.58% post-open offer.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Offer Price
Rs. 10.50
Aggregate number of shares tendered
715
Aggregate number of shares accepted
715
Size of the Offer (Number of shares multiplied by offer price per share)
Rs. 7,507.50
Shares Acquired by way of Share Purchase Agreement (Number)
1,34,46,936 Equity Shares
Shares Acquired by way of Share Purchase Agreement (% of Fully Diluted Equity Share Capital)
65.42% of total paid-up/voting share capital of TC
Post offer shareholding of Acquirers (Number)
1,34,47,651 Equity Shares
Post offer shareholding of Acquirers (% of Fully Diluted Equity Share Capital)
65.42% of total paid-up/voting share capital of TC
Pre Offer Public Shareholding (% of Fully Diluted Equity Share Capital)
34.58% of total paid-up/voting share capital of TC
Post Offer Public Shareholding (% of Fully Diluted Equity Share Capital)
34.58% of total paid-up/voting share capital of TC
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders as the open offer has concluded and the payment consideration date has passed.
👤
Who Is Affected
Shareholders who tendered their shares during the offer period (September 17 - September 30, 2026) for Rs. 10.50 per share have been paid as of October 09, 2026.
🔍
Management Signal
The acquisition of 65.42% of ECS Biztech Limited via a Share Purchase Agreement indicates a change in control and strategic direction by the new acquirers.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Next financial results — observe any strategy changes by new acquirers.
Future shareholding disclosures — monitor for further stake changes by acquirers.
Board meeting outcomes — look for new appointments or corporate actions.
LOW RISK The open offer has concluded, and key shareholding changes are finalized, reducing immediate uncertainty.
💡 Investor Takeaway
The open offer for ECS Biztech Limited saw 715 shares tendered at Rs. 10.50 each, significantly below the proposed 53,44,313 shares. The acquirers, Mr. Rakesh Ramanlal Shah and Komal Infotech Private Limited, now hold 1,34,47,651 Equity Shares, representing 65.42% of the company.
⚖️ Strengths & Concerns

⚠️ Concerns

  • The open offer recorded minimal participation, with only 715 shares tendered against a target of 53,44,313 shares.
  • The actual acquisition through the open offer accounted for 0.00% of the target company's total paid-up share capital.
📅 Company Track Record
A previous filing on August 05, 2026, announced the open offer by Mr. Rakesh Ramanlal Shah for 26.00% of ECS Biztech shares at Rs. 10.50 per share, triggered by a Share Purchase Agreement for 65.42% of the company.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was the final number of shares tendered in the ECS Biztech open offer?
The open offer for ECS Biztech Limited received 715 tendered and accepted equity shares.
What was the offer price for ECS Biztech shares in this open offer?
The offer price for ECS Biztech shares was Rs. 10.50 per fully paid-up equity share.
What is the post-offer shareholding of the acquirers in ECS Biztech Limited?
Post-offer, the acquirers, Mr. Rakesh Ramanlal Shah and Komal Infotech Private Limited, hold 1,34,47,651 Equity Shares, representing 65.42% of ECS Biztech Limited.
How many shares were originally proposed to be acquired through the open offer?
The open offer initially proposed to acquire up to 53,44,313 equity shares, representing 26.00% of ECS Biztech Limited.
When was the payment consideration date for the ECS Biztech open offer?
The payment consideration date for the ECS Biztech open offer was Friday, October 09, 2026.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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