Kratos Energy & Infrastructure Ltd — Updates, 01-01-1970: Company Update

Lords Mark India Limited is facing an open offer by Mr. Sachidanand Hariram Upadhyay, who has acquired 49.01% of the company’s equity shares from a major shareholder at Rs. 30 per share. He now intends to purchase an additional 26% stake through a cash open offer to public shareholders, totaling Rs. 78 lakh if fully subscribed. This acquisition positions him as the new promoter. The offer shows a shift in control, which could impact company strategy and governance. Lords Mark shares are infrequently traded on BSE, making this a significant event for existing shareholders.