Devinsu Trading Ltd — Important, 01-01-1970: Company Update

Three acquirers, Mr. Jaison Vijay Shah, Mr. Mukesh Kumar Bothra, and Yora Gems & Jewellery Private Limited, are making an open offer to acquire up to 152,880 equity shares, representing 26% of Devinsu Trading Limited's voting capital. The offer price is ₹355 per share, totaling ₹5.43 crore, payable in cash. This follows their agreement to buy a 29.17% stake from the current promoter for ₹6.09 crore. The aim is to gain management control and become the new promoters. Devinsu, an infrequently traded company, currently generates revenue from interest and investment sales. Its net profit was ₹0.62 crore for the nine months ended December 2025. The independent directors' view on this offer will be publicly available.