📢 Open Offer Advisory Services
Ensuring Compliance & Success in Share Acquisition Transactions!
An Open Offer is a public offer made by an acquiring entity to buy shares from the existing shareholders of a company. This occurs when an entity acquires a significant stake in a listed company, triggering SEBI’s Takeover Code regulations. Our Open Offer Advisory Services ensure regulatory compliance, smooth execution, and optimal transaction structuring.
📌 Why is an Open Offer Important?
✔ Mandatory Compliance – Required under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 when shareholding crosses a specific threshold.
✔ Fair Exit Opportunity – Ensures minority shareholders get a fair exit option.
✔ Market Transparency – Maintains fairness in the financial markets.
✔ Strategic Control – Helps acquiring companies consolidate ownership efficiently.
🔹 Our Open Offer Services
📜 Regulatory Compliance & SEBI Filings
Guidance on SEBI Takeover Code and legal obligations.
Filing of Public Announcement (PA), Letter of Offer (LoF), and Post-Offer Reports.
Ensuring compliance with stock exchange listing requirements.
💰 Valuation & Offer Price Determination
Fair price calculation as per SEBI guidelines.
Assistance in price benchmarking against market conditions.
Independent valuation for transparency and investor confidence.
📊 Structuring & Execution of Open Offer
Drafting and filing of Detailed Public Statement (DPS).
Offer structuring to align with business strategy & legal norms.
Managing timelines and procedural aspects for smooth execution.
🤝 Liaison with Regulators & Stock Exchanges
Communication and approvals from SEBI, NSE, BSE, and depositories.
Coordination with legal advisors, merchant bankers & other intermediaries.
Handling objections, clarifications, and ensuring a hassle-free process.
📢 Public Announcement & Shareholder Communication
Drafting and publishing notices in newspapers & stock exchanges.
Managing shareholder queries & responses.
Providing complete investor support for tendering shares.
📑 Post-Offer Compliance & Reporting
Submission of Post-Offer Report to SEBI within prescribed timelines.
Ensuring completion of share transfer & fund settlement.
Advisory on post-offer corporate restructuring & governance.