Manager to the Offer files post-offer advertisement: open offer for 22,88,000 shares (26%) at ₹15 each
Manager to the Offer Srujan Alpha Capital Advisors LLP has submitted to BSE a copy of the Post-Offer Advertisement dated October 08, 2026 for the open offer in which Mr. Karronn Naresh Bajaj seeks to acquire up to 22,88,000 shares.
- Shares sought in open offer
- up to 22,88,000 shares
- Stake sought
- 26% of the total voting share capital
- Offer price
- ₹15 per fully paid-up share
What has been shared
Srujan Alpha Capital Advisors LLP, in its role as Manager to the Offer, has submitted to BSE a copy of the Post-Offer Advertisement dated October 08, 2026 relating to the open offer for the shares of Mitshi India Limited (the Target Company).
The advertisement was published on Friday, October 09, 2026 in the Financial Express (English Daily) in all editions, Jansatta (Hindi Daily) in all editions and Pratahkal (Marathi Daily).
The offer at a glance
- The open offer is by Mr. Karronn Naresh Bajaj, described in the update as the Acquirer.
- He is seeking to acquire up to 22,88,000 shares of the Target Company.
- That represents 26% of the total voting share capital of the Target Company.
- The offer price is ₹15 per fully paid-up share.
Why this document exists
A post-offer advertisement is a notice published in newspapers that sets out the terms of the open offer for the general public. This exchange update is the Manager to the Offer sending a copy of that published advertisement to BSE, along with a covering letter stating that the advertisement dated October 08, 2026 was published in the newspapers on Friday, October 09, 2026.
What shareholders see here
The update carries the headline terms of the offer - the number of shares sought, the percentage of the total voting share capital this represents, and the price per share. The same terms are what a shareholder would use to judge how the offer relates to their own holding, so the two figures worth noting are the 26% stake being sought and the ₹15 per share price.
The document also records the dates on which the advertisement was published, which is how shareholders can identify the newspaper notice they may have seen.
Also from Mitshi India
Post-offer advertisement: 5,79,417 equity shares tendered and accepted in ₹15 per share open offer
9 Oct 2026
Proceedings of 36th AGM: 10 resolutions put to e-voting; auditors' reports carry qualifications
29 Sep 2026
More numbers
- Shares proposed to be acquired in the open offer22,88,000
- Share of total voting share capital represented by the offer26%
- Offer price per fully paid up share₹15/-
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