ICIIFL Capital Services542773Open offer update

Open offer: Nil shares tendered in escrow demat account for IIFL Capital Services

Manager to the Offer updated the exchanges on the IIFL Capital Services open offer.

By ScoutQuest · Tue 3 Nov 2026, 2:00 PM IST · 2 min read

Offer Size

up to ~10.01 crore equity shares of face value INR 2 each

Shares Tendered

Nil equity shares, 0.00% of the Offer Size

Tender Status Timestamp

as at 13:12:30 on November 03, 2026

Open Offer at a glance

• The offer is for acquisition of up to ~10.01 crore fully paid-up equity shares of face value INR 2 each of IIFL Capital Services Ltd (formerly IIFL Securities Ltd).
• The Acquirer is FIH Mauritius Investments Ltd, acting along with HWIC Asia Fund (Class A Shares) as the person acting in concert.
• The open offer is being made under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and follows the Letter of Offer dated October 28, 2026.
• ICICI Securities Ltd is the Manager to the Offer.

Tender status update

• The update records that Nil equity shares, constituting 0.00% of the Offer Size, have been tendered in the Open Offer Escrow Demat Account.
• This position is as per the escrow account statement received from Ventura Securities Ltd, the depository participant, as at 13:12:30 on November 03, 2026.
• The disclosure covers equity shares held in dematerialised form that public shareholders have tendered in that escrow demat account.

What this means in simple terms

• In an open offer, an acquirer offers to buy shares from public shareholders, usually at a stated price, and shareholders who wish to sell deposit, or tender, their shares in a designated escrow demat account.
• This update is only about how many shares have been deposited in that account for the offer up to a specific point in time. The current figure is nil, or 0.00% of the offer size.

Important points for shareholders

• Shares tendered by public shareholders are subject to validation and verification of submission of a complete set of documents.
• Only shares that are validly tendered, in line with the SEBI (SAST) Regulations and the Letter of Offer, will be accepted.
• The number of shares tendered by public shareholders may differ from the number of shares that the Acquirer finally accepts in the Open Offer.

How to read this

• The note is a routine status disclosure by the Manager to the Offer on tender activity in the escrow demat account; the offer size and the identity of the Acquirer and the person acting in concert are restated as already set out in the offer documents.

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