Nanavati Ventures Ltd — Updates, 01-01-1970: Company Update

An open offer has been announced for Nanavati Ventures Limited. Acquirers Mrs. Nila Biswakarma and Mr. Samad Ahmed Khan will acquire up to 1,214,200 shares, representing 26.00% of the voting capital, from public shareholders at ₹90.00 per share, totaling up to ₹10.93 Cr. This follows their prior acquisition of 2,414,100 shares (51.69%) from a promoter at ₹51.00 per share, amounting to ₹12.31 Cr. Public shareholders now have an opportunity to tender their shares in this open offer.