Tejassvi Aaharam Ltd — Important, 01-01-1970: Company Update

A group of acquirers, led by Prasanna Natarajan, has launched an open offer to acquire up to 70 lakh (7 Cr) equity shares of Tejassvi Aaharam Limited at ₹10 per share, totaling ₹7 crore. This offer follows a share swap deal where Tejassvi Aaharam is acquiring Funk Foods Private Limited, making it a wholly-owned subsidiary. The 70 lakh shares represent all existing public shares, offering a complete exit opportunity, despite being 12.04% of the expanded capital after the preferential issue. The acquirers aim to unlock value and drive growth in Tejassvi Aaharam's food business by improving efficiency. The offer opens on April 28, 2026, and closes on May 12, 2026.