N2N Technologies Ltd — Important, 27-04-2026: Company Update
27-04-2026 | 09:49 pm
27-04-2026 | 09:49 pm
Harmony Remedies India Private Limited, along with its associates, has launched an open offer to acquire up to 40% of N2N Technologies' shares at ₹4.30 per share in cash. This move is to gain management and operational control, with plans to diversify into pharmaceuticals and potentially reorganize the capital structure. The company's shares are currently suspended from trading, but the acquirer has paid overdue listing fees and will settle outstanding fines of about ₹8.43 Lakh to facilitate a resumption in trading. Post-offer, public shareholding may fall below minimum requirements, and the acquirer will take steps to ensure compliance. An independent director committee's assessment on the offer will be published.
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