Krishna Capital and Securities Ltd — Important, 06-04-2026: Company Update

Ashu Bishnoi and Yagnik Tank have launched an open offer to acquire up to 18.05 Lakh equity shares of Krishna Capital & Securities (KRISHNACAP) at ₹20 per share, totaling ₹3.61 Cr. This mandatory offer stems from their agreement to purchase 13.54 Lakh shares from current promoters for ₹2.71 Cr, alongside a preferential allotment of 3 Cr new shares. These transactions will give the acquirers control, raising their stake to 80.40%. Existing promoters will step down. The offer provides an exit opportunity for public shareholders, with the acquirers planning to maintain the company's listing.