Krishna Capital Open Offer Size Revised to 83.04 Lakh Shares

Krishna Capital & Securities received a corrigendum increasing its mandatory open offer size from 18.04 lakh to 83.04 lakh shares (25.04% stake).
Acquirers Ashu Bishnoi and Yagnik Tank will offer ₹20 per share with total consideration of ₹16.61 crore if fully accepted.
The open offer is triggered by preferential allotment giving acquirers 70.87% stake, potentially reaching 100% post-offer.
Escrow amount increased to ₹4.16 crore with ICICI Bank as escrow agent to comply with SEBI SAST regulations.