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Mitshi India Limited is subject to an open offer by Mr. Karronn Naresh Bajaj, who intends to acquire up to 22,88,000 shares. This acquisition represents 26% of the company's total voting share capital. The offer price for public shareholders is ₹15 per fully paid up share. This open offer provides an opportunity for existing shareholders to tender their shares and could lead to a significant change in the company's ownership and control structure, impacting future strategic decisions.