ALPHA TRIBE

Fabino Enterprises LtdImportant, 24-06-2026: Company Update

24-06-2026 | 01:32 pm

Fabino Enterprises has disclosed the Independent Directors Committee's assessment regarding an open offer to acquire 5.46 lakh equity shares, constituting 26.00% of the company's capital. Acquirers R G Family Trust, Sameer Gupta, and Sundeep Gupta propose to buy these shares at ₹20 per share. The committee determined this offer price is fair and reasonable, consistent with applicable regulations. They noted the 60-day volume-weighted average market price was ₹15.74 per share and the negotiated Share Purchase Agreement price was ₹18.00 per share. Shareholders should independently evaluate the offer to make informed decisions.

No comments yet. Be the first to comment!

All announcements from Fabino Enterprises Ltd