Rikhav Securities Announces Promoter Group Open Offer for Up to 26% Stake

Mumbai (Maharashtra) [India], April 23: Rikhav Securities Limited (BSE – RIKHAV | 544340), one of the leading diversified stock market servi...

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PNN Verified Media or Organization • 11 Apr, 2026 Agency
April 24, 2026 • 1:30 PM  0
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Rikhav Securities Announces Promoter Group Open Offer for Up to 26% Stake
up Open Offer for Up to 26% Stake
Mumbai (Maharashtra) [India], April 23: Rikhav Securities Limited (BSE – RIKHAV | 544340), one of the leading diversified stock market servi...
Full Story: https://www.sangritoday.com/spotlight/business/rikhav-securities-announces-promoter-group-open-offer-for-up-to-26-stake-33865
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Rikhav Securities Announces Promoter Group Open Offer for Up to 26% Stake

Mumbai (Maharashtra) [India], April 23: Rikhav Securities Limited (BSE – RIKHAV | 544340), one of the leading diversified stock market services providers, has notified of an open offer by its promoter group comprising Mr. Hitesh Lakhani, Mr. Deep Lakhani, Mrs. Vaishali Shah, and Mrs. Bharti Lakhani, along with persons acting in concert, in accordance with SEBI guidelines.

Offer Details

  • Open offer for acquisition of up to 99,55,920 equity shares, representing 26% of the voting share capital
  • Offer price of ₹47.75 per equity share
  • Total consideration of up to ₹47.54 Cr, assuming full acceptance
  • Offer to be executed through cash consideration

The promoter group had recently acquired approximately 32.51 lakh equity shares, representing 8.48% of the voting share capital of the Company, through market purchases.

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