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

An open offer has been launched for Tejassvi Aaharam Limited by Prasanna Natarajan, Rajat Chakra Credit & Holdings, Sipping Spirits, Saranga Investments, and Rajalakshmi Natarajan. The group aims to acquire up to 70 lakh equity shares at ₹10 each, aggregating ₹7 Crore, which represents 12.04% of the company's emerging voting share capital. The independent directors consider the offer fair and reasonable. The acquirers seek to unlock value and drive growth in the food business by leveraging their strategic, financial, and managerial expertise. Public shareholders can tender their shares from April 28 to May 12.