ALPHA TRIBE

Shree Pacetronix LtdUpdates, 07-08-2025: Company Update

07-08-2025 | 08:57 pm

An Open Offer has been made by Akash Sethi and other promoter-affiliated individuals to acquire up to 9.75 lakh equity shares, representing 26% of Shree Pacetronix's expanded share capital, from public shareholders. The offer price is ₹100 per share, valuing the total acquisition at ₹9.75 Cr if fully accepted. This mandatory offer was triggered by a recent preferential issue of shares and warrants to the acquirer at ₹81 per share. The promoters intend to maintain control and the company's listing, offering an opportunity for public shareholders to tender their shares.

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