Post Offer Advertisement shared for Uday Narang's open offer of up to 12,22,000 shares
Open offer for Pasupati Fincap shareholders.
By ScoutQuest · · 1 min read
- Offer price
- Rs. 17.07 per share
- Shares sought
- Up to 12,22,000 equity shares = 26.07% of voting capital
- Offer period
- October 22, 2026 to November 5, 2026
What was shared
Fintellectual Corporate Advisors, the manager to the open offer, has submitted to BSE a copy of the Post Offer Advertisement dated October 22, 2026 in respect of Pasupati Fincap Limited (Scrip Code 511734). The advertisement was published on October 23, 2026 in the same newspapers that carried the Detailed Public Statement: Financial Express (English, all editions), Jansatta (Hindi, all editions) and Mumbai Lakshadeep (Marathi, Mumbai edition).
The offer in numbers
- Acquirer: Uday Narang
- Shares sought: up to 12,22,000 fully paid-up equity shares of face value Re. 1/- each
- That equals 26.07% of the voting share capital
- Offer price: Rs. 17.07 per share
- Offer opens Thursday, October 22, 2026 and closes Thursday, November 5, 2026
Why this update matters
This is the newspaper advertisement stage of a mandatory open offer. Shareholders of the target company now have the formally published terms of the offer in front of them, in the same papers where the detailed statement appeared earlier.
What a shareholder can take away
- The offer is for a fixed number of shares, up to 12,22,000, and not for the entire company.
- The price stated is Rs. 17.07 per share, the same figure carried in the detailed statement.
- The window to tender is limited: the offer opens on October 22, 2026 and closes on November 5, 2026.
- The advertisement is a reminder notice of the terms rather than a new set of conditions.
How to read it
An open offer of this kind tells existing shareholders that a buyer is willing to buy their shares at a stated price within a stated period. Whether to tender is an individual decision that depends on a shareholder's own view and holdings; the update itself only sets out the offer's terms and the papers in which it was published.
Also from Pasupati Fincap
Pre-Offer Public Announcement and Corrigendum: Open Offer for 12,22,000 shares at Rs. 12 per share; tendering opens October 01, 2026
30 Sep 2026
Independent Directors' Committee recommendation on open offer for 12,22,000 shares published
28 Sep 2026
Letter of Offer shared for Open Offer at Rs 12 per share for 26% stake; control to change hands
24 Sep 2026
More numbers
- Maximum number of shares to be acquired12,22,000
- Percentage of voting share capital on offer26.07%
- Offer price per shareRs. 17.07 per share
- Face value per equity shareRe. 1/-
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