AVB Endeavors and Partners Launch Open Offer for Shashank Traders at Rs 30 Per Share

2 min read Updated on 21 Nov 2025, 07:30 PM

Reviewed by

Radhika SScanX News Team

Overview

AVB Endeavors Private Limited, Prilika Enterprises Private Limited, and Aditya Vikram Birla have announced an open offer to acquire up to 15,46,900 equity shares (50% voting capital) of Shashank Traders Limited (STL) at Rs 30.00 per share. The total offer value is Rs 4.64 crores. This follows a Share Purchase Agreement for a 26.65% stake from existing promoters. The offer period is set from December 31, 2025 to January 14, 2026. STL's recent financials show declining assets and equity, but improving profitability with reduced net losses.

*this image is generated using AI for illustrative purposes only.

AVB Endeavors Private Limited, Prilika Enterprises Private Limited, and Aditya Vikram Birla have announced an open offer to acquire up to 15,46,900 equity shares of Shashank Traders Limited (STL), representing 50% of the company's voting capital. The offer price is set at Rs 30.00 per share, potentially valuing the transaction at Rs 4.64 crores.

Key Details of the Open Offer

Aspect	Details
Acquirers	AVB Endeavors Private Limited, Prilika Enterprises Private Limited, Aditya Vikram Birla
Target Company	Shashank Traders Limited (STL)
Shares Sought	Up to 15,46,900 equity shares (50% voting capital)
Offer Price	Rs 30.00 per share
Total Offer Value	Rs 4.64 crores
Offer Period	December 31, 2025 to January 14, 2026

This open offer follows a Share Purchase Agreement (SPA) where the acquirers agreed to purchase a 26.65% stake from existing promoters. The move has triggered mandatory open offer obligations under SEBI takeover regulations.

Financial Overview of Shashank Traders Limited

While the open offer presents a potential change in ownership, it's important to consider STL's recent financial performance:

Financial Metric	FY 2025	FY 2024	% Change
Total Assets	Rs 5.30 crore	Rs 5.40 crore	-1.85%
Total Equity	Rs 2.20 crore	Rs 2.30 crore	-4.35%
Net Profit	Rs -0.10 crore	Rs -0.20 crore	50.00% improvement
EPS	Rs -0.44	Rs -0.51	13.73% improvement

The company's financial data reveals a challenging period with declining assets and equity. However, there are signs of improvement in profitability, with net losses reducing by 50% year-over-year.

Implications for Shareholders

The open offer at Rs 30.00 per share presents an opportunity for STL's shareholders to evaluate their investment. Given the company's recent financial performance, shareholders may want to consider the following:

The offer price in relation to the company's book value and market price.
The potential for operational improvements under new management.
The acquirers' plans for the company's future direction and growth strategies.

Shareholders are advised to carefully review the detailed offer document and seek independent financial advice before making a decision.

Conclusion

This open offer marks a significant development for Shashank Traders Limited. While the company has faced financial challenges, the interest from AVB Endeavors and partners could signal a new chapter. Shareholders and market observers will be keenly watching how this transaction unfolds and its potential impact on STL's future performance and direction.

Historical Stock Returns for Shashank Traders