Senthil Infotek Open Offer for 26% at ₹8/Share

Synfinx Capital announces a mandatory open offer for Senthil Infotek Limited triggered by the acquirers' purchase of a 62.9% controlling stake from the existing promoters.
The offer is for up to 13,13,000 equity shares (26% of voting capital) at ₹8 per share, totaling ₹1.05 crore, and is made pursuant to SEBI SAST Regulations.
Acquirers Kolli Murali Krishna and Gogineni Srinivas will become new promoters, while the existing promoter group will be reclassified as public shareholders.
The offer is not conditional on minimum acceptance, and the acquirers have confirmed financial arrangements to fulfill the offer obligations.