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Bohra Industries LimitedImportant, 07-03-2025: Updates

07-03-2025 | 08:26 pm

Mark AB Capital Investment India Private Limited plans to acquire up to 70,19,667 equity shares of Bohra Industries Limited at ₹ 32 per share, totaling ₹ 22.46 crore. This transaction represents approximately 26% of Bohra's emerging voting share capital. The open offer is triggered by the planned preferential allotment of new shares and warrants, approved by the Board of Directors. Following this acquisition, the acquirer will gain control of Bohra Industries, which may see a shift in the management structure as the current promoters intend to relinquish control. Investors should monitor this development closely, as it holds potential for growth and changes in the company's strategic direction.

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