Key Quantitative Figures
- Floor Price: ₹273.36 per equity share
- Discovered Price: ₹300.00 per equity share
- Delisting Offer Size: 14,70,894 equity shares
- Total Issued Equity Shares: 51,41,330 shares
- Shares Successfully Bid: 7,53,984 equity shares (14.67% of total issued equity shares)
- Number of Successful Bids: 9 bids received between price range of ₹273.36 to ₹300.00 per equity share
- Bids Above Discovered Price: 1,54,994 equity shares across 172 bids
- Shares Held by Custodian(s): Nil
- Shares Transferred to IEPF: 76,150 shares
- Shares Held by Employee Trust: Nil
- Remaining Shares: 48,76,596 shares
- Minimum Shares Required for Delisting: 43,88,937 shares (90% of remaining shares)
Shareholding Impact
Pre-Offer Promoter Shareholding:
- Number of Equity Shares: 36,70,436
- Percentage of Total Issued Equity Shares: 71.39%
- Percentage of Remaining Shares: 75.27%
Post-Offer Promoter Shareholding (if accepted):
- Number of Equity Shares: 44,24,420
- Percentage of Total Issued Equity Shares: 86.06%
- Percentage of Remaining Shares: 90.73%
Process Details
- Delisting Offer Period: August 5, 2026 to August 11, 2026
- Regulatory Framework: SEBI (Delisting of Equity Shares) Regulations, 2021
- Manager to Delisting Offer: Navigant Corporate Advisors Limited
- Registrar to Delisting Offer: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
- Face Value of Equity Shares: ₹5 per share
Next Steps
If the Discovered Price of ₹300.00 per equity share is accepted by the Acquirers:
- Payment will be made to all successful bidders in accordance with Regulation 24 of SEBI Delisting Regulations
- Lien on unaccepted/rejected shares will be released from public shareholders' Demat accounts as per Regulation 23
- A post-offer public announcement disclosing success/failure of the reverse book building process and acceptance/rejection of Discovered Price will be made in the same newspapers as the Detailed Public Announcement