Senthil Infotek Open Offer Triggered by 62.9% Acquisition

Senthil Infotek Ltd discloses a mandatory open offer for 26% of shares at ₹8 per share, triggered by a Share Purchase Agreement.
Acquirers Kolli Murali Krishna and Gogineni Srinivas will acquire 62.9% from existing promoters, gaining control of the company.
The total consideration for the initial acquisition is ₹1.75 crore, with an additional ₹1.05 crore required for the open offer.
The transaction will result in a complete board re-constitution and reclassification of the existing promoters to public shareholders.