Manoj Agrawal Amit Saraogi Cubifin 26% Open Offer

Manoj Agrawal and Amit Kumar Saraogi launch a mandatory open offer for 26% of Cubical Financial Services at ₹2.50 per share.
The offer is triggered by a Share Purchase Agreement to acquire 13.83% from promoters and a preferential allotment of 55.11% of equity.
The total consideration for the open offer is ₹9.44 crore, with the acquirers and PACs seeking to hold 68.94% post-transaction.
The open offer is being made in compliance with SEBI SAST Regulations and is not conditional on a minimum level of acceptance.