AAA Technologies Ltd

🚀 Jyotirgamya Advisory & Ashok Kumar Chordia Acquire Majority Stake in AAA Technologies

- Open Offer for 33,34,968 shares (26.00% stake) at ₹101 per share, totaling ₹33,68,31,768 if fully accepted.

- Share Purchase Agreement for 44,10,000 shares (34.38% stake) from Promoter Group at ₹74.06 per share, totaling ₹32,66,04,600.

- Promoters Venugopal Dhoot, Shobha Dhoot, Anirudh Dhoot, and Vineet Dhoot will exit completely post-transaction.

- Combined Acquirer stake to reach 60.41% after transaction.

- Offer price justified by negotiated price, volume-weighted average price, and market benchmarks.

- Financial backing includes ₹8.5Cr escrow (25.23% of max consideration) and firm support from Standard Capital Markets.

- Tentative schedule: Offer opens Feb 20, 2026; closes March 6, 2026.

- Public shareholders can tender via BSE’s Acquisition Window (demat/physical shares accepted).