Grameva Ltd Open Offer at Rs. 30/Share

• Three acquirers (Mrs. Maneesha Singh, Jagsakti Merchandise Pvt Ltd, Ros Advisory Pvt Ltd) are making a mandatory open offer to acquire 26% of Grameva Limited at Rs. 30/share.
• The offer, aggregating Rs. 3.74 crore, also regularizes a prior open offer violation by Acquirer II and III who received preferential allotment in December 2017 without making a mandatory offer.
• The underlying transaction involves Acquirer I acquiring 33.25% stake (15,95,693 shares) from Genesis Trade-Links Private Limited at Rs. 28/share via SPA dated January 31, 2026.
• Post full acceptance, Acquirers will hold 79.76% of Grameva, triggering a Minimum Public Shareholding breach requiring remediation within 12 months.