This document constitutes a Post Offer Advertisement under Regulation 18(12) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, published by Fintellectual Corporate Advisors Private Limited on behalf of acquirer Uday Narang.
The open offer was for acquisition of up to 12,22,000 fully paid-up equity shares of face value ₹10 each, representing 26.00% of the voting share capital from public shareholders of Pasupati Fincap Limited.
Key Offer Details:
- Offer Opening Date: Thursday, October 1, 2026
- Offer Closing Date: Thursday, October 15, 2026
- Payment Date: Thursday, October 22, 2026
- Offer Price: ₹12 per share
- Total Offer Size: ₹1,46,64,000
Acquisition Results:
- Aggregate shares tendered: 0 shares
- Aggregate shares accepted: 0 shares
- Shares acquired via Share Purchase Agreement: 5,42,925 shares (11.55%)
- Shares acquired via Open Offer: 0 shares (0.00%)
Shareholding Changes:
- Acquirer's pre-offer holding: 0 shares (0.00%)
- Acquirer's post-offer holding: 5,42,925 shares (11.55%)
- Public shareholders pre-offer: 41,57,075 shares (88.45%)
- Public shareholders post-offer: 41,57,075 shares (88.45%)
The acquirer accepts full responsibility for the information contained in the Post Offer Advertisement and will consummate the Share Purchase Agreement transaction in accordance with Regulations 22(1) and 22(3) read with Regulation 17 of SEBI (SAST) Regulations. The acquirer shall be reclassified as Promoter of the Target Company, and existing promoter and promoter group shall be reclassified as public in accordance with Regulation 31A(10) of SEBI (LODR) Regulations.
This Post Offer Advertisement was published on October 23, 2026, in the same newspapers where the Detailed Public Statement was published: Financial Express (English - All editions), Jansatta (Hindi - All editions), and Mumbai Lakshadeep (Marathi - Mumbai Edition).