An open offer is a critical regulatory requirement in India's capital markets that protects public shareholders when a substantial acquisition of shares or control of a listed company takes place. Governed by SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, an open offer provides minority shareholders with the opportunity to exit at a fair price when there is a change in ownership or control.
At Gretex Corporate Services Limited, we assist acquirers and target companies in executing open offer transactions with precision, transparency, and regulatory discipline. Our approach focuses on ensuring strict compliance with SEBI regulations while maintaining clear communication with regulators, stock exchanges, and public shareholders.
From transaction structuring and regulatory filings to price determination and execution, we manage the entire lifecycle of the open offer process. Our objective is to facilitate smooth transaction completion while protecting shareholder interests and ensuring market integrity.
