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BSE opens acquisition window for Arco Leasing takeover at ₹10 per share

Jitesh Kothari and Atul Jaiswal launch an open offer for up to 25.57% of Arco Leasing at ₹10 per share, through BSE's Acquisition Window from July 3 to 16.

02 Jul 2026 Effective July 03, 2026 Affects: Shareholders of Arco Leasing Limited (ARCOLEA) who may tender shares; trading members and custodians facilitating the tender.

What changed

BSE opens Acquisition Window for open offer in Arco Leasing by Jitesh Kothari and Atul Jaiswal.
Offer price: ₹10 per share, up to 27,74,970 shares (25.57% stake).
Offer period: July 3 to July 16, 2026.

The read

BSE has opened the Acquisition Window for a takeover offer in Arco Leasing. Acquirers Jitesh Kothari and Atul Ramshankar Jaiswal are offering ₹10 per share in cash to buy up to 27,74,970 shares — 25.57% of the company's fully paid-up equity. The offer runs from July 3 to July 16, 2026. The deal triggers a change in control and management under SEBI's Takeover Code. Shareholders now weigh whether to tender at the offer price. No competing bid has been announced.

Arco Leasing LimitedJitesh KothariAtul Ramshankar Jaiswal₹10 per share

Primary source: official circular (PDF)