Sanmitra Commercial Ltd — Important, 01-01-1970: Company Update
01-01-1970 | 12:00 am
01-01-1970 | 12:00 am
The open offer for Sanmitra Commercial Limited by Ankit Jalan, Anuj Jalan, and PACs has concluded. While the acquirers initially aimed to acquire up to 1.49 Cr shares (26.00%) at Rs. 15 each, only 41,100 shares were actually tendered and accepted, amounting to Rs. 0.06 Cr. Post-offer, the acquirers and PACs now collectively hold 4.02 Cr shares, representing 69.81% of the company's expanded equity capital. This significantly consolidates their control, leaving public shareholders with 1.73 Cr shares (30.19%).
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