ACI Infocom open offer: key dates and price in 2026

What triggered the fresh focus on ACI Infocom

ACI Infocom Ltd (BSE: 517356) is back in the spotlight after disclosures around a mandatory open offer and a proposed change in control. The company, which operates through Realty and Information Technology segments, is also seeking shareholder approval for an expansion of business objects into aviation, aerospace, defence, and explosives. For a small-cap counter, the combination of corporate actions and sharp recent price moves has become the main driver of market interest.

As per the available market snapshot, ACI Infocom share price was ₹2.75 on September 1, 2026 at 09:01 AM IST. The share price on August 31, 2026 was reported at ₹2.67. The stock has been described as volatile, with prices moving through the day based on market conditions.

Open offer filed with SEBI: acquirers and offer size

Sanjay Natvarlal Mandavia and Rupal Sanjay Mandavia have filed a Draft Letter of Offer (DLOF) with SEBI for a mandatory open offer to acquire up to 26% of ACI Infocom. The DLOF is dated August 24, 2026. The proposed open offer is for up to 3,70,47,634 equity shares.

The offer price is set at ₹1.53 per share. If fully accepted, the maximum consideration is ₹5,66,82,881 (about ₹5.67 crore). The acquirers have deposited ₹1,42,00,000 into an escrow account with HDFC Bank Limited, stated to be more than the required 25% of the maximum offer consideration.

The offer is described as unconditional and not subject to any minimum acceptance level. A key point disclosed is that the current promoters hold no shares in the company, implying a full transition of control if the proposed steps are completed.

Key dates: tendering window and shareholder meeting

The tendering period for the open offer is scheduled to start on October 5, 2026 and close on October 16, 2026. These dates are central for shareholders who may consider tendering shares into the offer.

Separately, ACI Infocom is scheduled to hold an Extra-Ordinary General Meeting (EGM) on September 9, 2026. The agenda includes seeking shareholder approval for the proposed preferential allotment and amendments to the memorandum of association. The same EGM is also positioned as the decision point for the company’s stated strategic pivot into aviation, aerospace, defence, and explosives.

Preferential allotment and change of control mechanics

The open offer is triggered by a proposed preferential allotment to the new acquirers. The disclosed structure includes a proposed preferential allotment of 3,20,00,000 equity shares and 29,48,00,000 fully convertible warrants to Sanjay Natvarlal Mandavia and Rupal Sanjay Mandavia.

In addition, shareholders are being asked to consider a preferential issue of up to 3.20 crore equity shares to the proposed promoter group, aggregating up to ₹4.90 crore. Subject to shareholder approvals, regulatory permissions, and other requirements, the transaction is expected to result in the proposed acquirers assuming control and management of ACI Infocom.

Stock price action and liquidity indicators mentioned

The article data points show multiple price references across dates. ACI Infocom was reported at ₹2.75 on September 1, 2026 (09:01 AM IST). On August 25, the stock was reported trading 3.66% lower at ₹2.37 on BSE at 2:51 pm, with an intraday high hitting an upper circuit of ₹2.58 and an intraday low of ₹2.34.

Another market snapshot notes a trading volume of 7,34,814 shares and an Average Traded Price (ATP) of ₹2.76. The Last Traded Quantity at the Last Traded Price (LTQ@LTP) was stated as 15 @ ₹2.76. The upper circuit limit was reported at ₹2.77 and the lower circuit limit at ₹2.51. The market lot size was stated as 1 and dividend yield as 0%.

Returns, valuation metrics, and 52-week range

The past returns provided for ACI Infocom Ltd (ACIIN) indicate sharp gains over shorter periods. Returns listed include 8.54% (1 week), 99.25% (1 month), 114.63% (3 months), 129.57% (6 months), and 45.05% (1 year). Longer-period returns listed include 85.92% (3 years) and 114.63% (5 years).

On valuation and profitability metrics, the P/E ratio is stated as -13.96 and the P/B ratio as 1.59. Return on equity (ROE) is reported at -10.66%.

The 52-week high is reported as ₹2.67 and the 52-week low as ₹0.86. Separately, the share price on September 1 is cited at ₹2.75, which readers may note alongside the stated 52-week high figure.

Sector classification and business profile: IT, realty, and proposed aviation objects

The dataset classifies ACI Infocom under the Information Technology sector with IT Services and Consulting as a sub-sector in one place, while another line references “IT - Hardware - Information Technology.” The company is also described as being in information technology, construction, and allied activities. A separate label in the company block mentions “Industry: Real Estate Developers.”

The company engages in information technology and real estate business and operates through Realty Sector and Information Technology segments. It focuses on residential and commercial development and redevelopment projects, Slum Rehabilitation Authority projects, and construction contracts. The company was founded on December 21, 1982 and is headquartered in Mumbai, Maharashtra (400101).

Market impact: what investors are watching next

For investors, the immediate watchpoints are procedural and time-bound. The first is the EGM on September 9, 2026, where shareholders will vote on the preferential allotment and proposed amendments that enable the new business lines. The second is the open offer tendering window from October 5 to October 16, 2026.

The offer price of ₹1.53 per share sits well below the cited spot prices (₹2.67 as of August 31 and ₹2.75 as of September 1). The market’s pricing relative to the open offer level, along with participation during the tendering period, will be key indicators of shareholder response once the process begins.

Key facts table

Timeline: events and next milestones

Conclusion

ACI Infocom’s near-term narrative is defined by a proposed promoter change, a mandatory open offer for 26% at ₹1.53, and an EGM vote to expand business objects into aviation-linked areas. With the tendering window set for October 5-16, 2026 and the EGM on September 9, 2026, the next disclosures will be driven by shareholder and regulatory outcomes rather than quarterly numbers.