BSE · Corporate Action · Low
Acquirers launch takeover offer for Rikhav Securities at ₹47.75/share
A group of Lakhani family entities and PACs offer ₹47.75 per share for up to 26% of Rikhav Securities. Offer runs July 24 to August 6, 2026.
What changed
- Open offer for Rikhav Securities opens at ₹47.75/share for 26% stake.
- Offer period: July 24 to August 6, 2026.
- Proportionate acceptance if oversubscribed.
The read
An open offer has arrived for Rikhav Securities. The Lakhani family and their PACs are offering ₹47.75 per share for up to 26% of the company's voting capital, the statutory minimum under SEBI's takeover code triggered by crossing the threshold. That leaves 99,55,920 shares on the table. The offer window is narrow: July 24 to August 6, 2026, with proportionate acceptance if oversubscribed. For public shareholders, this is a fixed-price exit, no more. There is no systemic impact—just a company-specific event. Read the Letter of Offer before tendering.
Rikhav Securities Limited₹47.75 per shareLakhani family acquirers
Primary source: official circular (PDF)