Cubical Financial Services Limited Open Offer Disclosure

Offer Details

Corporate Makers Capital Limited, as Manager to the Open Offer, published post-offer acquisition details for Cubical Financial Services Limited. The open offer opened on Thursday, September 17, 2026 and closed on Wednesday, September 30, 2026. Payment of consideration is scheduled for Thursday, October 15, 2026.

Acquisition Particulars

  • Offer Price: Rs. 2.50 per equity share
  • Interest: Rs. 0.021 per equity share
  • Shares Tendered: 1,321 equity shares (against offer for up to 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

Share Acquisition Breakdown

  • Share Purchase Agreement (SPA): 2,00,75,137 shares (13.83% of emerging capital)
  • Preferential Issue: 8,00,00,000 shares (55.11% of emerging capital)
  • Open Offer: 1,321 shares (negligible percentage)

Shareholding Changes

  • Pre-offer shareholding of Acquirers and PACs: Nil
  • Post-offer shareholding: 10,00,76,458 equity shares (68.94%)
  • Public shareholding pre-offer: 4,50,94,863 shares (31.06%)
  • Public shareholding post-offer: 4,50,93,542 shares (31.06%)

Parties Involved

Acquirers: Mr. Manoj Agrawal, Mr. Amit Kumar Saraogi

PACs: Mrs. Shikha Agrawal, M/s Manoj Agrawal HUF, Mrs. Kanchan Saraogi

Manager: Corporate Makers Capital Limited (SEBI Registration: INM000013095)

Registrar: Beetal Financial & Computer Services Private Limited

Titan Company Q2 FY27 Business Update

Titan Company reported Q2 FY27 results with consolidated sales growth of 25% YoY. Domestic jewelry business grew 21% YoY, impacted by festival calendar shift to Q3. Key segments performance:

  • CaratLane: 32% growth
  • Eye+: 28% growth
  • International business: 97% growth (including consolidation of Damas Jewellery)

Studded jewelry grew in early 30s percentage while plain gold jewelry grew 20%. Coin demand declined high single digits due to high base effect.

RBI Monetary Policy Impact

The Reserve Bank of India raised repo rate by 25 basis points from 5.25% to 5.5% on October 7, 2026, shifting stance from neutral to calibrated tightening. Expected repo rate to reach 6.25% by early 2027.

Impact on Various Products:

Home Loans: Lenders to pass hike quickly to floating-rate loans linked to repo rate. New borrowers immediate impact, existing borrowers based on reset cycle.

Car & Personal Loans: Floating-rate loans linked to external benchmarks become costlier.

Fixed Deposits: Rates expected to rise but not uniformly by 25 bps.

Debt Mutual Funds: Greater negative impact on funds with higher duration.

Regulatory Notices

Agarwal Industrial Corporation Limited

SEBI circular dated January 30, 2026 opens special window for transfer and dematerialization of physical securities sold/purchased prior to April 01, 2019. Window open from February 05, 2026 to February 04, 2027. Securities transferred will be locked-in for one year.

Hindustan Unilever Limited

Notice of loss of shares for folio HLL1842198 (770 shares, certificate 5095027) and folio HLL2759341 (750 shares, certificate 5026157). Duplicate certificates to be issued after 15-day claim period.

Kapil Raj Finance Limited Corrigendum

Novus Capital Advisors Private Limited issued corrigendum to open offer documents for Kapil Raj Finance Limited. Offer price revised upward from Rs. 2.24 to Rs. 2.26 per equity share pursuant to SEBI (SAST) Regulations.

IndusInd Bank SARFAESI Notice

E-auction notice for property at Room/Office No. 4, 5 & 6, First Floor, Raghukul Sankul, Nashik with reserve price of Rs. 1,06,94,700. E-auction scheduled for November 12, 2026.

Bajaj Housing Finance Limited Possession Notice

Possession taken of properties in Thane on October 03, 2026 under SARFAESI Act for loan amounts of Rs. 26,30,178 and Rs. 33,03,313.