Brijlaxmi Leasing and Finance Open Offer Size Revised to 64.99 Lakh Shares
Brijlaxmi Leasing and Finance Limited has revised its open offer size upward to 64,99,889 shares from the earlier 48,74,650 shares, maintaining the offer price at ₹10.05 per share. The total consideration now amounts to ₹6,53,23,884.45, representing 26% of emerging voting share capital. The corrigendum was published on February 27, 2026, across multiple newspapers in compliance with SEBI regulations.

*this image is generated using AI for illustrative purposes only.
Brijlaxmi leasing & finance has announced a significant revision to its ongoing open offer through a corrigendum published on February 27, 2026. The company has increased the offer size substantially, providing shareholders with enhanced participation opportunities in the acquisition process.
Revised Offer Parameters
The open offer has undergone major modifications in terms of size and total consideration. The acquirers - Jaykishor Chaitanyakishor Chaturvedi, Siddharth Jaykishor Chaturvedi, Ankur J Chaturvedi, and Brijlaxmi Infotech Limited - have revised their acquisition plans significantly.
| Parameter | Original Offer | Revised Offer |
|---|---|---|
| Offer Size | 48,74,650 shares | 64,99,889 shares |
| Face Value | ₹10.00 per share | ₹10.00 per share |
| Offer Price | ₹10.05 per share | ₹10.05 per share |
| Total Consideration | Not specified | ₹6,53,23,884.45 |
| Voting Share Capital | 26% | 26% |
Regulatory Compliance and Publication
The corrigendum was published in compliance with SEBI (SAST) Regulations, 2011, across multiple newspapers to ensure wide dissemination. Saffron Capital Advisors Private Limited, serving as the Manager to the Offer, coordinated the publication process.
| Publication Details | Information |
|---|---|
| Publication Date | February 27, 2026 |
| Corrigendum Date | February 26, 2026 |
| English Newspaper | Financial Express (All Editions) |
| Hindi Newspaper | Jansatta (All Editions) |
| Marathi Newspaper | Navshakti (Mumbai Edition) |
| Gujarati Newspaper | Ahmedabad Express (Baroda Edition) |
Key Stakeholders and Contact Information
The open offer involves multiple parties working in coordination to ensure smooth execution. Saffron Capital Advisors Private Limited continues as the Manager to the Offer, while Cameo Corporate Services Limited serves as the Registrar.
Manager Contact Details:
- Satej Darde (Senior Manager)
- Email: satej@saffronadvisor.com
- Sachin Prajapati (Senior Manager)
- Phone: +91-22-49730394
- Email: sachin@saffronadvisor.com
Offer Structure and Timeline
The revised offer represents 26% of the emerging voting share capital of the Target Company on a fully diluted basis, calculated as of the 10th working day from the closure of the tendering period. The increase in offer size from 48.74 lakh shares to 64.99 lakh shares demonstrates the acquirers' enhanced commitment to the acquisition.
The corrigendum clarifies that all other terms and conditions of the open offer remain unchanged except for the specific revisions mentioned. Shareholders can access the complete documentation on SEBI's website at www.sebi.gov.in and the Manager's website at www.saffronadvisors.com for detailed information about the acquisition process.
Historical Stock Returns for Brijlaxmi Leasing & Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.56% | -3.40% | -6.80% | +22.36% | +26.65% | +627.44% |































