Senthil Infotek Ltd

📈 Open Offer for Senthil Infotek: ₹8/Share for 26% Stake

• Open offer price: ₹8 per share

• Total maximum consideration: ₹1,05,04,000

• Up to 1,313,000 equity shares (26% of voting capital) targeted

• Triggered by acquirers' prior purchase of 3,176,300 shares (62.9%) at ₹5.50/share

• Current promoters to resign and be reclassified as public shareholders

• Company: Senthil Infotek Ltd (BSE: 531980), IT solutions sector

• Recent financials: Revenue ~₹11-13 lakhs; FY2025 loss of ₹212.69 lakhs, profits in other periods

• Offer not conditional on minimum acceptance

• Financial arrangements firm with ₹1,05,30,000 escrowed

• Tendering period: June 3, 2026 – June 16, 2026

• Payment to shareholders by July 1, 2026

• No immediate plans to delist or dispose of significant assets; operational restructuring possible