FIH Mauritius Investments launches open offer for 26% of IIFL Capital Services at ₹24 per share, totaling ₹240.35 crore consideration.
Offer triggered by preferential allotment and secondary purchase, requiring minimum 51% acquisition threshold and regulatory approvals.
Transaction governed by SEBI Takeover Regulations with ICICI Securities as manager, featuring detailed settlement procedures and tax implications.
Offer period runs from June 13 to July 7, 2026, with financial arrangements secured through escrow mechanisms and external financing.