Tirupati Agrotech Open Offer for 26% Jindal Leasefin

Tirupati Agrotech Private Limited launches a mandatory open offer for 26% of Jindal Leasefin Limited at ₹18 per share, triggered by a Share Purchase Agreement to acquire 73.11% from promoters.
The open offer is for 7,82,314 equity shares with a total consideration of ₹1.40 crore, payable in cash and not conditional on minimum acceptance.
Post-transaction, acquirer's holding may reach 99.11%, potentially breaching minimum public shareholding norms, requiring future compliance action.
The offer is managed by Rarever Financial Advisors and made pursuant to SEBI SAST Regulations 2011 following an SPA executed on April 20, 2026.