Sobhagya Capital submits delayed post-offer advertisement for Northvale Capital's open offer to acquire 26% stake in IDream Film Infrastructure.
Open offer for 7.03 crore shares at ₹10 each was fully subscribed, resulting in acquirer group holding 99.72% post-offer.
Offer period ran from March 17 to April 2, 2026, with payment completed on April 20, 2026.
Share purchase agreement for 60% stake and preferential allotment of 19.93 crore shares remain pending completion.