BBU Enterprises Open Offer for 26% of STGL

Open offer by BBU Enterprises, Touristas Horizons, and Nikhil Pujari to acquire up to 637,000 shares (26%) of Switching Technologies Gunther Limited at ₹66 per share.
Offer triggered by share purchase agreement to acquire 37.63% from promoter Guenther America INC at ₹30 per share, resulting in change of control.
Acquirers plan to change STGL's business from switching products to FMCG/food processing post-acquisition, leveraging their experience in the sector.
Offer opens April 16, 2026 and closes April 29, 2026, with total consideration of ₹4.20 crore assuming full acceptance.