Krishna Capital Open Offer at ₹20 by Bishnoi & Tank

• Ashu Bishnoi and Yagnik Tank launch mandatory open offer for 18,04,508 shares (5.44% of emerging voting capital) of Krishna Capital and Securities Ltd at ₹20/share.
• Underlying transactions include an SPA for 13,53,892 shares (₹2.71 Cr) and a preferential allotment of 3,00,00,000 shares at ₹20/share totalling ₹60 Cr.
• Post-transaction acquirers will hold 74.96% of emerging voting share capital and assume promoter control, displacing existing promoters.
• Maximum open offer consideration is ₹3,60,90,160; Detailed Public Statement to be published by April 6, 2026.