Anka India Limited, a company listed on the BSE, has announced a significant corporate action that could potentially reshape its ownership structure. The company has submitted a pre-offer advertisement for an open offer to acquire up to 69,24,902 equity shares, representing 13.44% of the existing equity and voting shares from its shareholders.

Key Details of the Open Offer

The open offer is being made by Mr. Amit Sharma and Mr. Arjit Sachdeva, who have been identified as the acquirers in this transaction. This move suggests a potential change in the company's control or a significant increase in the acquirers' stake in Anka India Limited.

Compliance and Transparency

The pre-offer advertisement was published on October 13, 2025, in compliance with the regulations set forth by the Securities and Exchange Board of India (SEBI). This adherence to regulatory requirements underscores the company's commitment to transparency in its corporate actions.

Corporate Makers Capital Limited has been appointed as the managers to the open offer, tasked with overseeing the process and ensuring compliance with all relevant regulations.

Implications for Shareholders

This open offer presents an opportunity for existing shareholders of Anka India Limited to potentially sell their shares to the acquirers. Shareholders will need to carefully consider the offer price and terms, which will be detailed in the forthcoming Letter of Offer, before making a decision.

Next Steps

Anka India Limited has requested BSE Limited to disseminate this information to the public, ensuring wide reach and transparency. Shareholders and potential investors are advised to keep an eye out for the Letter of Offer, which will provide comprehensive details about the open offer, including the offer price and other terms and conditions.

As this corporate action unfolds, it could potentially impact Anka India Limited's stock price and trading volumes. Market participants will be closely watching for any further developments or disclosures related to this open offer.

Investors and shareholders are encouraged to seek professional financial advice to understand the implications of this open offer on their investment in Anka India Limited.

Anka India Limited has recently submitted recommendations from its Committee of Independent Directors (IDC) regarding an open offer for the acquisition of up to 69,24,902 equity shares. This represents a 13.44% stake in the company, with Mr. Amit Sharma and Mr. Arjit Sachdeva as the acquirers.

Key Details of the Open Offer

Disclosure and Transparency

The recommendations were published in two newspapers, Financial Express and Jansatta, demonstrating Anka India's commitment to transparency and compliance with regulatory requirements. This action aligns with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Corporate Governance

The submission of the IDC's recommendations highlights the company's adherence to good corporate governance practices. By involving independent directors in the evaluation of the open offer, Anka India ensures that the interests of all shareholders, particularly minority shareholders, are considered.

Next Steps

Shareholders of Anka India Limited will need to review these recommendations carefully to make informed decisions regarding the open offer. The company's management, led by Whole Time Director Sulakshana Trikha, has taken the necessary steps to keep the market informed about this significant corporate action.

Investors and market participants should monitor further announcements from Anka India Limited and the acquirers for additional details about the open offer and its potential impact on the company's ownership structure and future direction.