Corporate Makers Capital Limited, as Manager to the Offer, submitted a Post Offer Public Announcement for an open offer made by Mr. Manoj Agrawal (Acquirer-1) and Mr. Amit Kumar Saraogi (Acquirer-2) together with Mrs. Shikha Agrawal (PAC-1), M/S Manoj Agrawal HUF (PAC-2), and Mrs. Kanchan Saraogi (PAC-3) for acquisition of up to 3,77,44,200 equity shares representing 26.00% of the emerging equity and voting share capital of Cubical Financial Services Limited.
Offer Details
- Opening Date: Thursday, September 17, 2026
- Closing Date: Wednesday, September 30, 2026
- Payment Date: Thursday, October 15, 2026
- Offer Price: Rs. 2.50 per equity share
- Interest: Rs. 0.021 per equity share
- Manager to Offer: Corporate Makers Capital Limited
- Registrar to Offer: Beetal Financial & Computer Services Private Limited
Acquisition Results
- Shares Tendered: 1,321 equity shares (against maximum offer size of 3,77,44,200 shares)
- Shares Accepted: 1,321 equity shares
- Offer Size (excluding interest): Rs. 3,302.5
- Offer Size (including interest): Rs. 3,330.24
Shareholding Structure
Pre-Offer Holdings:
- Acquirers and PACs held Nil shares (0%) before agreement/public announcement
Acquisition Through SPA:
- 2,00,75,137 shares acquired (13.83% of emerging capital)
- Note: These shares have not yet been transferred but will be within 26 weeks from expiry of offer period as per Regulation 22(3) of SEBI (SAST) Regulations, 2011
Acquisition Through Preferential Issue:
- 8,00,00,000 shares acquired (55.11% of emerging capital)
Open Offer Acquisition:
- 1,321 shares acquired (negligible percentage of emerging capital)
Post-Offer Shareholding:
- Acquirers and PACs: 10,00,76,458 equity shares (68.94% of emerging capital)
- Public Shareholders: 4,50,93,542 shares (31.06% of emerging capital)
- The existing promoter and promoter group will be reclassified into public category