Key Quantitative Figures

  • Open offer size: 64,19,608 equity shares (26% of Voting Share Capital)
  • Face value per share: INR 5
  • Demat shares tendered: 0 equity shares (0.00% of offer size)
  • Physical shares tendered: 112 equity shares (0.00% of offer size)
  • Total shares tendered: 112 equity shares (0.00% of offer size)

Parties Involved

Acquirers:

  • WaveRise Investments Limited (Acquirer 1)
  • ChrysCapital Fund X, the first scheme of ChrysCapital Trust I (Acquirer 2)
  • Two Infinity Partners (Acquirer 3)

Persons Acting in Concert (PACs):

  • ChrysCapital X, LLC (PAC 1)
  • OceanEdge Investments Limited (PAC 2)

Service Providers:

  • Manager to Open Offer: Axis Capital Limited
  • Registrar to Open Offer: Not specifically named
  • Depository Participant: Ventura Securities Limited (DP ID: IN303116)
  • Open Offer Escrow Demat Account: MIIPL NOVARTIS INDIA LIMITED OPEN OFFER ESCROW DEMAT ACCOUNT (Client ID: 15855051, PAN: AAACH2914F)

Process Details

The disclosure reflects:

1. Equity Shares in dematerialized form tendered in the Open Offer Escrow Demat Account as per account statement received from Ventura Securities Limited

2. Physical Equity Shares received by the Registrar to the Open Offer, communicated via email

Important Clarifications

  • Tendered shares are subject to validation and verification of complete document submission
  • "Validly tendered" shares will be accepted in accordance with SEBI (SAST) Regulations and the Letter of Offer
  • The number of shares tendered may differ from the number ultimately accepted by the Acquirers
  • Capitalized terms not defined in the disclosure have the same meaning as in the Letter of Offer