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Karronn Naresh Bajaj
5 articles
A significant shift in ownership is underway at Mitshi India Ltd, as Karronn Naresh Bajaj is undertaking a mandatory open offer to acquire a 26% stake at ₹15 per share, following the purchase of a 15.57% stake from existing promoters. This transaction, facilitated by Srujan Alpha Capital, effectively transfers control of the company to Bajaj and results in the exiting of the current promoters. Investors should monitor how Bajaj intends to steer Mitshi India following this acquisition, particularly given the absence of any current plans for delisting, and assess the potential impact on the company’s strategic direction and financial performance.
Karronn Bajaj Open Offer for 26% Mitshi India
Karronn Naresh Bajaj launches open offer to acquire up to 22.88 lakh shares (26% stake) in Mitshi India Limited at ₹15 per share.
Srujan Alpha Capital Advisors LLP acts as manager to the offer, publis
Magnus Steel 48th AGM Notice and FY26 Results
Magnus Steel & Infra will hold its 48th AGM virtually on September 30, 2026, to adopt FY26 financial statements and consider key resolutions.
The company reported a significant turnaround with FY26 ne
Karronn Bajaj Mitshi India 26% Open Offer ₹15/Share
Mr. Karronn Bajaj makes mandatory open offer for 26% stake (22.88 lakh shares) in Mitshi India Ltd at ₹15 per share.
Independent Directors Committee unanimously recommends the offer as fair and in lin
Mitshi India Promoters Sell 15.57% Stake to Karronn Bajaj
Karronn Naresh Bajaj entered Share Purchase Agreement on July 23, 2026 to acquire 13,70,070 shares (15.57% stake) from Mitshi India promoters for ₹2.05 crore.
Acquisition triggers mandatory open offer
Karronn Bajaj's 26% Open Offer for Mitshi India
Mr. Karronn Naresh Bajaj announces mandatory open offer for 26% of Mitshi India at ₹15/share, triggered by acquiring 15.57% from promoters.
The offer, managed by Srujan Alpha Capital, seeks up to 22,8