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News Details

04/11/2026 18:11

IIFL Capital Serv. - Updates on Open Offer

ICICI Securities Ltd (\Manager to the Offer\) has submitted to BSE as under :

\Please note that in relation to the Open Offer Nil Equity Shares constituting 0.00% of the Offer Size, have been tendered in the Open Offer Escrow Demat Account namely 'MIIPL IIFL CAPITAL SERVICES LIMITED OPEN OFFER ESCROW DEMAT ACOUNT' opened with Ventura Securities Limited bearing depository participant identification number IN303116 and the client identification number 15922461 (PAN: AAACI7397D), as per Open Offer Escrow Demat Account statement received by the Manager to the Open Offer from Ventura Securities Limited, as at 17:32:12 on November 04, 2026.

It is expressly clarified that the above disclosure reflects the Equity Shares in dematerialized form tendered by the Public Shareholders in the Open Offer Escrow Demat Account as per the Open Offer Escrow Demat Account Statement received by the Manager to the Open Offer from Ventura Securities Limited.

For avoidance of doubt, the Equity Shares tendered by the Public Shareholders shall be subject to validation and verification of submission of complete set of documents, as applicable. The Equity Shares 'validly tendered' in the Open Offer shall be accepted in accordance with the SEBI(SAST) Regulations and the Letter of Offer dated October 28, 2026 ('LoF').
The above mentioned number of the Equity Shares tendered by the Public Shareholders may differ from the number of the Equity Shares which will be accepted by the Acquirer in the Open Offer. Capitalized terms used herein and not specifically defined shall have the same meaning as ascribed to them in the LoF.\