BSECompany Update31 Aug 2026 · 31 Aug 2026, 03:24 pm
Turnaround Corporate Advisors Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement in terms of Regulation 3(1) and Regulation 4, read with Regulation ....
Aar Shyam India Investment Company Ltd · 542377
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Aar Shyam India Investment Company Ltd has received a public offer for acquisition of up to 58,43,327 equity shares from public shareholders by Radha Krishna Avudari, Mrs. Sudha Rani Avudari, and Mr. Nagabhyru Srikanth, representing 26% of the emerging paid-up equity share capital.
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Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
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Full Announcement
Aar Shyam India Investment Company Ltd - 542377 - Detailed Public Statement
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DFD358E4-864A-4859-B699-81CB7BF092F0-152408.pdf
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TURNAROUND CORPORATE ADVISORS PRIVATE LIMITED
A SEBI Registered Category-I Merchant Banker
August 31, 2026
Corporate Relationship Department
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai-400001
Dear Sirs,
Subject: Open Offer for acquisition of upto 58,43,327 (Fifty-Eight Lakh Forty-Three Thousand
Three Hundred Twenty Seven Only) fully Paid Up Equity Shares of face value of Rs. 10/- each
(“Equity Shares”) of Aar Shyam India Investment Company Limited (hereinafter referred to as
"Target" Or “Target Company” or “Aar Shyam”) from the Public Shareholders of Target
Company representing 26.00% of the Emerging Paid Up Equity Share Capital of the Target
Company by Radha Krishna Avudari (“Acquirer 1”), Mrs. Sudha Rani Avudari (“Acquirer 2”)
and Mr. Nagabhyru Srikanth (“Acquirer 3”) (hereinafter Collectively Referred to as
“Acquirers”)
We are pleased to submit following documents related to the captioned Public Offer:
1. Copy of Detailed Public Statement (“DPS”) dated August 29, 2026 pursuant to Regulation 15(1)
read with Regulation 13 of the Securities and Exchange Board of India (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto (“SEBI (SAST)
Regulations”) published on August 30, 2026 in Financial Express (English) (all editions), Jansatta
(Hindi) (all editions), Pratahkal (Marathi) (Mumbai Edition) (being the regional language
newspaper where the securities of the Target Company are listed).
2. One no. of Compact Disk (CD), containing a soft copy of the Detailed Public Statement in PDF
format.
The following persons from our office will remain available to answer queries, if any, in this respect.
Contact Person Telephone Email
Mr. Heemadri Mukerjea +91 11-45510390 info@tcagroup.in
Thanking You,
Yours Truly,
For TURNAROUND CORPORATE ADVISORS PRIVATE LIMITED
(HEEMADRI MUKERJEA)
Managing Director
Page 1 of 1
CIN: U74140DL2015PTC278474 SEBI Registration No.: MB/INM000012290
Corporate Office : First Floor, C-966, Shushant Lok-1, Sector-43, DLF QE, Gurugaon, Haryana, India, 122002
Registered Office: 614, Vishwadeep Building, Plot No. 4, District Centre, Janakpuri, New Delhi—110058
Tel: +91-11-45510390 Email: info@tcagroup.in Website: www.tcagroup.in