Detailed Public Statement in connection with the open offer made by Mr. Karronn Naresh Bajaj (Acquirer) under Regulation 4 of SEBI (SAST) Regulations, 2011 for acquisition of shares of ....
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MEDIUM RISK
📅 Filed on BSE: 30 Jul 2026, 05:22 PM IST · BSE ID: b9301b2f-090e-49d7-8b93-22c86327fab6
View Original BSE Filing (PDF)
💡
In Simple Terms
The formal public announcement for Mr. Karronn Naresh Bajaj's open offer to buy 26% of Mitshi India at ₹15 per share is now out.
🤖 AI Summary
- Detailed Public Statement published for an open offer to acquire up to 22,88,000 shares of Mitshi India Limited.
- Mr. Karronn Naresh Bajaj is the Acquirer, offering to purchase 26% of the company's total voting share capital.
- The offer price for the acquisition is ₹15 per fully paid up share.
- The statement was published on July 30, 2026, in compliance with SEBI (SAST) Regulations, 2011.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Shares to be acquired in Open Offer
22,88,000
Percentage of Voting Share Capital
26%
Open Offer Price per Share
₹15
🏢 How This Affects the Company
This open offer could lead to a change in promoter control, introducing new strategic direction and management oversight for Mitshi India Limited.
👥 What This Means For Shareholders
✅
Action Required
Shareholders of Mitshi India Limited should review the Detailed Public Statement to understand the terms and consider participation in the open offer.
👤
Who Is Affected
Public shareholders of Mitshi India Limited are affected, as the open offer provides an opportunity to tender their shares at ₹15 per share.
🔍
Management Signal
The company's acknowledgement and enclosure of the Detailed Public Statement indicates a formal step in the ongoing change of control process.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Open Offer tendering period commencement and closing dates.
Final shareholding structure post open offer completion.
Any further management or board changes at Mitshi India Limited.
MEDIUM RISK
Change in promoter control can introduce uncertainty regarding future company strategy and operations.
💡 Investor Takeaway
The Detailed Public Statement for Mr. Karronn Naresh Bajaj's open offer in Mitshi India Limited has been published. The Acquirer intends to acquire up to 22,88,000 shares, representing 26% of the voting capital, at ₹15 per share.
📅 Company Track Record
Previous filings indicated Mr. Karronn Naresh Bajaj agreed to acquire 15.57% of Mitshi India for ₹2,05,51,050 on July 23, 2026, which triggered this 26% open offer.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the purpose of the Detailed Public Statement for Mitshi India?
The Detailed Public Statement confirms the open offer by Mr. Karronn Naresh Bajaj to acquire shares of Mitshi India Limited, detailing the terms as per SEBI regulations.
How many shares is Mr. Karronn Naresh Bajaj offering to acquire in Mitshi India?
Mr. Karronn Naresh Bajaj is offering to acquire up to 22,88,000 shares of Mitshi India Limited.
What percentage of Mitshi India's voting share capital is being sought in the open offer?
The open offer aims to acquire 26% of Mitshi India Limited's total voting share capital.
What is the price offered per share in the Mitshi India open offer?
The offer price for shares in the Mitshi India open offer is ₹15 per fully paid up share.
Questions based on this BSE filing only. For information purposes.