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Acquirers have bought a 55.25% stake in GSB Finance from its promoters for ₹4.31 Cr (₹13 per share). This triggered a mandatory open offer for public shareholders to acquire an additional 26.00% of the company's voting capital. The open offer was priced at ₹21.44 per share (including interest), totaling ₹3.34 Cr, and concluded in October. This acquisition marks a change of control for GSB Finance, with new promoters now set to take charge. The combined stake of the new acquirers will be 81.25%.