ACI Infocom Ltd — Important, 10-08-2026: Company Update
10-08-2026 | 08:05 pm
10-08-2026 | 08:05 pm
Sanjay Natvarlal Mandavia and Rupal Sanjay Mandavia have announced an open offer to acquire up to 3.70 Cr equity shares, representing 26.00% of ACI Infocom Limited's emerging voting share capital, at ₹1.53 per share. This offer, totaling up to ₹5.67 Cr, follows a board meeting where directors approved a preferential allotment of 3.20 Cr shares to the acquirers at the same price. This transaction will give the acquirers control, making them the new promoters. The company also approved a preferential issue of 29.48 Cr convertible warrants. The acquirers do not intend to delist the company.
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