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Sanjay Natvarlal Mandavia

2 articles

Mandavias' ₹5.67 Crore ACI Infocom Open Offer

Mandavias launch mandatory open offer for 26% of ACI Infocom at ₹1.53/share, triggered by preferential allotment. Offer aggregates ₹5.67 crore for 3.70 crore shares, payable in cash to public sharehol

ACI Infocom Approves Preferential Issue, New Promoters

Board approved preferential issue of 3.2 crore equity shares at ₹1.53/share to Sanjay and Rupal Mandavia, triggering an open offer and change in control. Approved increase in authorized capital from ₹