ISInani Securities531672Open offer announcement

Open offer: Aikyam Financial Services to acquire up to 26% stake at Rs. 60 per share

Inani Securities has submitted the Detailed Public Statement for an open offer by Aikyam Financial Services Private Limited.

By ScoutQuest · Mon 19 Oct 2026, 9:32 PM IST · 2 min read

Shares to be acquired

~11.85 lakh fully paid-up equity shares

Stake size (fully diluted)

26% of the total equity and voting share capital

Offer price

Rs. 60 per equity share, payable in cash

What the update says

Inani Securities has submitted to BSE a copy of the Detailed Public Statement for an open offer made by Aikyam Financial Services Private Limited, described in the update as the Acquirer. The statement was shared on the acquirer's behalf by Bonanza Portfolio Limited, a SEBI-registered merchant banker.

The offer in numbers

• Up to ~11.85 lakh fully paid-up equity shares are proposed to be acquired from the public shareholders of the company.
• Each share has a face value of Rs. 10.
• The shares proposed to be acquired represent 26% of the total equity and voting share capital of the company on a fully diluted basis.
• The offer price is Rs. 60 per equity share, payable in cash.

What is a Detailed Public Statement? A Detailed Public Statement is the document that sets out the terms of an open offer to public shareholders. It follows the public announcement stage of a takeover process and is shared for the information of the stock exchange and investors. In simple terms, it tells public shareholders what is being offered, for how many shares, and at what price.

Where it was made available

The update states that the statement has been uploaded on the BSE website, the merchant banker's website and the company's website, and published in the newspaper editions of Financial Express (English), Jansatta (Hindi), Mumbai Lakshadeep (Marathi) and Mana Telangana (Telugu) on October 19, 2026.

What a shareholder may watch for

• The offer is for 26% of the fully diluted voting capital, so the size of the offer relative to a shareholder's own holding is what matters for anyone considering it.
• The offer price of Rs. 60 per share applies to shares tendered and accepted under the offer.
• The Detailed Public Statement is the document that carries the full terms, conditions and process of the offer.

This update is about the submission and publication of the Detailed Public Statement. It informs shareholders about the terms of the open offer.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev