Cubical Financial Services Ltd announces promoter reclassification post open offer
Cubical Financial Services · Finance
Key highlights
- Mr. Manoj Agrawal and Mr. Amit Kumar Saraogi acquired 2,00,75,137 equity shares on 15 May 2026 through open offer
- Promoters Ashwani Kumar Gupta and Rita Gupta reclassified from promoter to public category, holding zero shares post-offer
- Promoters confirm compliance with SEBI (LODR) regulations, no control or special rights, and no representation on Board for three years
Why it's rated notable: The filing reports a completed open-offer acquisition of 2,00,75,137 shares that shifts promoter status to the Acquirers, but it states no transaction value, so the level stays at medium under the no-figure rule.
Original filing
Intimation Regarding Reclassification Of Promoters Pursuant To The Open Offer Under The SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011.
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.