Fabino Enterprises Ltd

- Acquirers to acquire 5,46,000 shares (26%) at ₹20/share. - Current promoters selling 56.82% shares. - Post-offer, acquirers will hold 82.82% share. - Acquisition funded by internal resources, no new changes planned in business.

🔎 Overview of the Open Offer:

• An open offer is a public bid to acquire shares from existing shareholders.
• Here, the acquirers (R G Family Trust, Sameer Gupta & Sundeep Gupta) plan to buy 5,46,000 shares constituting 26% of the company's equity at ₹20 each.

📉 Shareholding Changes & Pricing:

• The promoters are selling 11,93,266 shares (56.82%).
• If accepted fully, acquirers’ combined holding post-offer will be 82.82%.
• The offer price is ₹20/share.

💰 Financial & Operational Details:

• Total offer consideration is approximately ₹7.1 crore.
• Acquirers have adequate funds internally; no borrowing involved.
• No major business changes planned post-acquisition, focusing on existing operations.

🗓️ Timeline & Process:

• Tendering period scheduled from June 22 to July 6, 2026.
• Public shareholders can tender shares via stock exchange mechanism.
• Acquirers will acquire shares tendered validly and accept all up to 5,46,000 shares.

📜 Compliance & Approvals:

• The offer is in compliance with SEBI regulations for substantial acquisition and takeovers.
• No additional statutory approvals currently required; if needed, offer subject to such approvals.

📊 Company Snapshot:

• Company is listed on BSE SME platform.
• Financials show revenue and profit fluctuations with a loss in last period.
• Promoters currently hold majority shares being sold as per the agreement.

🔄 What this means for investors:

• The Offer allows public shareholders an exit opportunity at a fixed price.
• Change in management control likely but no immediate change to business plans announced.
• Public shareholding post-offer will reduce below 25%, acquirers will take steps to comply with listing requirements.

This update provides clear details of the share acquisition offer including terms and financials, helping public shareholders understand their options and the changes in ownership structure.