Jindal Leasefin Ltd

📊 Tirupati Agrotech Launches Open Offer for Jindal Leasefin at ₹18/Share

- Tirupati Agrotech offers ₹18 per share for up to 782,314 equity shares (26% stake) in Jindal Leasefin

- Total offer size: ₹1.41 crore payable in cash if fully accepted

- Offer follows acquisition of 2,199,755 shares (73.11%) from promoter sellers via Share Purchase Agreement dated April 20, 2026

- Post-offer shareholding could reach 99.11%, potentially reducing public shareholding below 25% minimum requirement

- Jindal Leasefin is a listed NBFC registered with RBI

- Escrow deposit of ₹36 lakhs (25.56% of total consideration) made for financial readiness

- Offer period: June 12, 2026 to June 25, 2026

- Payment to be made within 10 working days after closure