GSB Finance Ltd — Important, 01-01-1970: Company Update

Acquirers have launched an Open Offer for GSB Finance Limited (GSBFIN) public shareholders. They aim to acquire 15.60 lakh shares, representing 26.00% of GSBFIN’s voting capital, at an offer price of ₹21.44 per share, totaling ₹3.34 crore. This open offer follows their initial acquisition of 55.25% from the previous promoters at ₹13.00 per share, amounting to ₹4.31 crore. Post-offer, the Acquirers will hold 81.25% of GSBFIN, a non-banking finance company. They plan to expand or diversify the company's business and have received the necessary RBI approval. The tendering period for this offer runs from September 30 to October 14, 2025. No significant asset disposal is planned without shareholder approval.