Acquirers complete Open Offer for Shantai Industries Ltd; Public share holding remains at 25.60%
The open offer launched by a group of acquirers in Shantai Industries Limited concluded on June 9, 2026. The transaction aimed to acquire up to 19,20,000 fully paid-up Equity Shares from public shareholders for cash at a fixed price of ₹21 per share.The offer was conducted by Radhe Dhokla Private Limited, Pandav Dishant Kanubhai, Nikunj Vijaybhai Prajapati, Pandav Jinesh Kanaiyalal, and Pandav Pradipkumar Vijaybhai, collectively referred to as the Acquirers. Saffron Capital Advisors Private Limited managed the open offer for the acquiring entities.According to records available following the closing of the offer, zero shares were...