Key Quantitative Figures
- Total open offer size: 10,01,44,112 equity shares (face value ₹2 each)
- Shares tendered in escrow account: 22,84,779 equity shares
- Percentage of offer size tendered: 2.28%
Parties Involved
- Acquirer: FIH Mauritius Investments Ltd
- Person Acting in Concert: HWIC Asia Fund (Class A Shares)
- Target Company: IIFL Capital Services Limited (formerly IIFL Securities Limited)
- Manager to Open Offer: ICICI Securities Limited
- Escrow Demat Account Provider: Ventura Securities Limited
- Escrow Demat Account Name: MIIPL IIFL CAPITAL SERVICES LIMITED OPEN OFFER ESCROW DEMAT ACCOUNT
- Escrow Account Details: DP ID IN303116, Client ID 15922461, PAN AAACI7397D
Regulatory Framework
Open offer conducted pursuant to Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (SEBI SAST Regulations).
Current Status
22,84,779 equity shares have been tendered in the open offer escrow demat account as per the statement received from Ventura Securities Limited. These shares represent those tendered by public shareholders in dematerialized form.
Important Clarifications
- Tendered shares are subject to validation and verification of complete document submission
- Number of shares "validly tendered" may differ from final acceptance
- Final acceptance will be in accordance with SEBI SAST Regulations and Letter of Offer dated October 28, 2026
- Capitalized terms have meanings as defined in the Letter of Offer
Request
ICICI Securities Limited, through Vice President Namrata Ravasia, requests dissemination of this information on the stock exchange websites.