Ortin Global Limited has announced the fixation of a record date for its proposed open offer. The company, acting through the Manager to the Offer, has designated May 21, 2026, as the identified date to determine the names of shareholders entitled to receive the Letter of Offer.

The open offer is being initiated by Mr. Parven Satija, the Acquirer, to purchase up to 21,14,162 fully paid-up equity shares from the public shareholders. These shares represent 26.00% of the voting share capital of the target company. The acquisition price has been set at ₹14.65 per equity share, with each share holding a face value of ₹10.

Rarever Financial Advisors Private Limited communicated this development to BSE Limited, confirming compliance with Regulation 18(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The regulation mandates the identification of shareholders as on a specific date for the dispatch of the Letter of Offer.

Key Details of the Open Offer

The following table outlines the primary parameters of the proposed open offer:

The Public Announcement regarding this offer was initially made on February 10, 2026, followed by the publication of the Detailed Public Statement on February 17, 2026. The Draft Letter of Offer was dated February 25, 2026.

Ortin Global Limited has submitted its mandatory compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. The filing, dated April 11, 2026, demonstrates the company's adherence to regulatory requirements for reporting securities transactions to depositories and stock exchanges.

Regulatory Compliance Filing

The compliance certificate was submitted to both BSE Limited and National Stock Exchange of India Limited, confirming that all required disclosures have been made for the quarter ended March 31, 2026. The document was signed by S. Murali Krishna Murthy, Managing Director, ensuring proper authorization of the regulatory submission.

Depository Certifications

KFin Technologies Limited, serving as the registrar and share transfer agent for Ortin Global Limited, issued separate certificates to both major depositories on April 1, 2026. The certificates were addressed to National Securities Depository Limited and Central Depository Services (India) Limited, confirming compliance with reporting requirements.

SEBI Regulation 74(5) Requirements

The regulation mandates that registrars and share transfer agents provide details of securities dematerialized and rematerialized during each quarter to all stock exchanges where the company's shares are listed. This ensures transparency in securities transactions and maintains accurate records across all trading platforms.

Company Information

Ortin Global Limited, formerly known as Ortin Laboratories Limited, maintains its registered office in Hyderabad, Telangana. The company's shares are traded on both BSE and NSE, requiring compliance with regulations across multiple exchanges and depositories to ensure proper market oversight and investor protection.