Tejassvi Aaharam Open Offer at ₹10/Share for 70 Lakh Shares

Mandatory open offer by Prasanna Natarajan, Rajat Chakra Credit, Sipping Spirits, Saranga Investments and Rajalakshmi Natarajan (PAC) to acquire up to 70,00,000 equity shares (12.04% of emerging capital) of Tejassvi Aaharam at ₹10 per share.
Offer triggered by preferential allotment of 5.12 crore shares via share swap to acquire 100% of Funk Foods Private Limited, resulting in acquirers holding 72.55% of expanded capital.
Total offer consideration amounts to ₹7 crore, with tendering period from April 28 to May 12, 2026, managed by Saffron Capital Advisors.
Open offer provides exit opportunity to existing public shareholders as post-transaction public holding drops to 15.41%, with BSE in-principle approval pending since February 2026.