Axis Capital Ltd ("Manager to the Offer") has submitted to BSE a copy of Public Announcement for the attention of the Public Shareholders of Tribhovandas Bhimji Zaveri Ltd ("Target Company") ....
Open offer announced by GRT Jewellers to acquire up to 25.88% stake in Tribhovandas Bhimji Zaveri at INR 249.61/share. Offer size: 1.73 crore shares, total consideration INR 431.1 Cr. Triggered by acquisition of 74.12% shares from promoters at INR 209/share. Offer subject to CCI and lenders' approvals. Acquirer to gain control and become promoter. No minimum acceptance condition. DPS to be published by Sep 7, 2026.
Source: Original filing PDF
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