Krishna Capital and Securities Ltd — Important, 13-04-2026: Company Update

Krishna Capital & Securities is subject to an open offer from Ashu Bishnoi and Yagnik Tank to acquire 18.05 lakh shares (5.44% of capital) at ₹20 per share, valuing the offer at ₹3.61 crore. This follows the acquirers' deal to buy 13.54 lakh promoter shares and a plan for a ₹60 crore preferential issue of 3.00 crore shares. Post-transaction, the acquirers will control 80.40% of the company. Importantly for retail investors, the current market price is higher than the offer price. The new promoters plan to continue the existing business and will ensure minimum public shareholding compliance. Independent directors will share their assessment of the offer.