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Kolli Murali Krishna
6 articles
A change in control at Senthil Infotek Limited is triggering a mandatory open offer as Kolli Murali Krishna and Gogineni Srinivas acquire a 62.9% controlling stake from existing promoters for ₹1.75 crore. To comply with regulatory requirements, the acquirers are initiating an open offer to purchase an additional 26% stake from public shareholders at ₹8 per share, requiring a further ₹1.05 crore. The transaction, fully secured through an escrow account with ICICI Bank, will result in a complete board re-constitution and a shift in promoter status, potentially signaling a strategic realignment for the company and presenting an opportunity for existing public shareholders to exit their positions.
Senthil Infotek Open Offer for 26% at ₹8/Share
Synfinx Capital issues pre-offer advertisement and corrigendum for open offer by Kolli Murali Krishna and Gogineni Srinivas to acquire up to 13.13 lakh shares (26%) of Senthil Infotek Limited at ₹8 pe
Kolli Murali Krishna & Gogineni Srinivas Senthil Infotek Open Offer
Acquirers Kolli Murali Krishna and Gogineni Srinivas announce a mandatory open offer for 26% of Senthil Infotek Limited's shares at ₹8 per share.
The offer, triggered by a Share Purchase Agreement to
Senthil Infotek Open Offer for 26% at ₹8/Share
Senthil Infotek discloses receipt of a detailed public statement for a mandatory open offer by Kolli Murali Krishna and Gogineni Srinivas.
Acquirers will purchase up to 13.13 lakh shares (26% stake) f
Senthil Infotek 26% Open Offer at ₹8/Share
Mandatory open offer for 26% of Senthil Infotek Limited by Kolli Murali Krishna and Gogineni Srinivas at ₹8 per share.
Offer follows acquisition of 62.9% controlling stake from existing promoters at ₹
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%
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