Key Quantitative Figures

  • Offer Size: Up to 1,59,79,920 equity shares (26% of total voting equity share capital)
  • Offer Price: ₹30 per fully paid-up equity share of face value ₹2
  • Total Consideration: ₹47,93,97,600 (assuming full acceptance)
  • Current Acquirer Holdings: 1,55,61,357 equity shares (25.32% of total capital)
  • Post-Offer Holdings: 3,15,41,277 equity shares (51.32% of total capital, assuming full acceptance)
  • Escrow Amount: ₹12,00,00,000 deposited with ICICI Bank Limited
  • Trigger Acquisition: 6,16,264 shares acquired at ₹30 per share totaling ₹1,84,87,920

Dates of Action

  • Public Announcement Date: June 30, 2026
  • DPS Publication Date: July 07, 2026
  • Draft LOF Filing with SEBI: July 14, 2026
  • Identified Date: August 06, 2026 (10th working day prior to tendering period)
  • Offer Opening Date: August 20, 2026
  • Offer Closing Date: September 03, 2026
  • Last Payment Date: September 18, 2026

Parties Involved

Acquirers:

  • DP Global Wealth Management LLP (Acquirer-1)
  • Vikas Kataria (Acquirer-2)
  • Supriya Kataria (PAC)

Manager to Offer: Novus Capital Advisors Private Limited

Registrar to Offer: Beetal Financial and Computer Services Private Limited

Buying Broker: Nikunj Stock Brokers Limited

Escrow Bank: ICICI Bank Limited

Target Company: AMPL Capital Limited

Financial and Operational Impact

  • The offer will reduce public shareholding from 49.65% to 22.65%, potentially below the minimum 25% public shareholding requirement
  • Acquirers undertake to ensure compliance with minimum public shareholding requirements within prescribed time
  • No immediate impact on employment or business locations disclosed
  • Target company's authorized capital: ₹25 crore, paid-up capital: ₹12.29 crore

Capital Structure Impact

  • Pre-offer promoter holding: 26.03% (1,59,97,745 shares)
  • Pre-offer acquirer holding: 25.32% (1,55,61,357 shares)
  • Post-offer combined holding: 77.35% (4,75,39,022 shares) assuming full acceptance
  • Potential dilution of public shareholding from 49.65% to 22.65%

Cash Flow Implications

  • Maximum cash outflow for acquirers: ₹47,93,97,600
  • Escrow arrangement of ₹12 crore (25% of total consideration) already established
  • Funds sourced from internal resources, no borrowing from banks/FIs

Risk Factors

  • Offer may be withdrawn if statutory approvals (particularly RBI) are refused
  • Possible delay in payment consideration if statutory approvals delayed
  • Partial acceptance likely if oversubscribed (proportionate basis)
  • Market price fluctuations risk during tender period
  • Tax implications for shareholders vary based on residency status and holding period

Additional Information

  • Target company has 76,00,000 convertible warrants outstanding but unallocated
  • Stock exchange (BSE) levied fine of ₹1,47,500 for late submission of financial results
  • Target company has three subsidiaries and one associate entity
  • The offer is not conditional upon minimum acceptance level
  • No competing offer as of the date of this draft document