Shree Pacetronix Limited , a cardiac pacing devices manufacturer, has disclosed the receipt of a post-offer advertisement for an open offer that could potentially reshape its ownership structure. The open offer, made by Akash Sethi as the Acquirer, along with Atul Kumar Sethi, Amita Sethi, and Ashish Sethi as Persons Acting in Concert (PACs), aims to acquire up to 9,75,000 equity shares, representing 26% of the expanded share capital from public shareholders.

Vivro Financial Services has published a post-offer advertisement for the open offer to acquire up to 9,75,000 equity shares of Shree Pacetronix Limited at Rs. 100.00 per share by Akash Sethi and associates. The advertisement was published in multiple newspapers including Financial Express, Jansatta, Navshakti, and Indore Samachar as required under SEBI takeover regulations.

Key Details of the Open Offer

Regulatory Compliance and Recommendations

The open offer is being made under Regulation 3(1) of SEBI SAST Regulations, following a triggering acquisition. The Committee of Independent Directors has recommended the offer as fair and reasonable. However, public shareholders are advised to independently evaluate the offer and make an informed decision.

Financial Advisors

• Manager to the Offer: Vivro Financial Services Private Limited
• Registrar to the Offer: MUFG Ittehad India Private Limited

Shareholders are encouraged to review the detailed offer documents and seek independent financial advice before making a decision.

Shree Pacetronix Limited , a company listed on the BSE, has announced a significant change in its shareholding structure. Akash Sethi, a member of the company's promoter group, has acquired a substantial stake through a preferential allotment, bolstering the promoter group's overall holding in the company.

Key Details of the Acquisition

On November 14, 2025, Akash Sethi acquired 75,150 equity shares and 2,25,450 warrants of Shree Pacetronix Limited. This acquisition represents 7.71% of the fully diluted share capital of the company post-acquisition. The transaction was executed through a preferential allotment in accordance with SEBI regulations.

Breakdown of the Acquisition

Impact on Shareholding

The acquisition has significantly increased Akash Sethi's personal stake in the company:

Promoter Group Holding

This transaction has led to an increase in the promoter group's total holding in Shree Pacetronix Limited:

• Before the acquisition: 24.25% of the share capital
• After the acquisition: 30.09% of the diluted share capital

Financial Implications

The total value of the transaction amounts to ₹2,43,48,600, as disclosed in the regulatory filing.

Company Capital Structure

Following this preferential allotment, Shree Pacetronix Limited's capital structure has been modified:

• Previous equity share capital: ₹3,59,94,000 (35,99,400 equity shares of ₹10 each)
• New equity share capital: ₹3,67,45,500 (36,74,550 equity shares of ₹10 each)
• Total diluted share capital: ₹3,90,00,000 (39,00,000 equity shares of ₹10 each, assuming full conversion of warrants)

This strategic move by Akash Sethi indicates a strong commitment to Shree Pacetronix Limited and may be seen as a vote of confidence in the company's future prospects.