BSECompany Update23 Jun 2026 · 23 Jun 2026, 01:39 pm
Vivro Financial Services Pvt Ltd ("Manager to the Open Offer") has submitted to BSE a copy of Letter of Offer for the attention of the Equity Shareholders of Rekvina Laboratories Ltd ("''Target ....
Rekvina Laboratories Ltd · 526075
✦ AI SummaryM&A
Vivro Financial Services Pvt Ltd has submitted a Letter of Offer for an Open Offer to the public shareholders of Rekvina Laboratories Ltd. Acquirers Surbhit Mukesh Shah, Amit Mukesh Shah, and Dhruvalkumar Patel propose to acquire up to 2,890,100 equity shares, representing 26% of the company's expanded share capital. The offer price is ₹10 per equity share, payable in cash. This offer is made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and provides an exit opportunity for public shareholders.
Analysis Scores
Earnings Impact5/10
Growth Catalyst5/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact7/10
Market Sentiment7/10
Full Announcement
Rekvina Laboratories Ltd - 526075 - Letter of Offer