Reliable Ventures India Ltd open offer for 26% stake at ₹21 per share
Published on: June 16, 2026, 9:03 p.m. | Source: scanx.trade
Acquirers Mr. Chennupati Sarath Kumar, Mr. Vasireddy Sivanag, and Ancla Technology Solutions India Private Limited have launched an open offer to acquire 28,63,354 equity shares, representing 26.00% of the voting capital of Reliable Ventures India Limited, at a price of ₹21 per share. The offer, triggered by a Share Purchase Agreement for the acquisition of 54.08% of the company, opens on July 31, 2026, and closes on August 13, 2026.
