Antariksh Industries open offer 2026: dates, ₹86 price

What has been announced

Antariksh Industries Ltd has disclosed a mandatory open offer linked to a change in control. The offer is being made by Alpitkumar Pravinchandra Gor and Riddhi Infocom Solutions LLP to acquire a controlling stake in the company. As per the disclosed terms, the acquirers are seeking to purchase up to 6,31,785 fully paid-up equity shares. This represents 26% of the emerging voting share capital. The offer price has been set at ₹86 per equity share. The maximum consideration disclosed for the offer is ₹5.433351 crore.

Key dates investors are tracking

Multiple dated milestones are listed in the provided event schedule around the open offer process. The Public Announcement date is stated as June 26, 2026. The Letter of Offer dispatch date is stated as August 25, 2026. The Independent Directors Committee (IDC) recommendation date is stated as August 29, 2026. The offer opening date is listed as September 2, 2026. The offer closing date is listed as September 16, 2026.

Tendering window and payment timeline

The tendering period is described as running from September 2, 2026, to September 16, 2026. The same September window is repeated across the event list and summary text. The payment date is stated as September 30, 2026. This payment date matters for shareholders who tender shares and are accepted in the offer. The Letter of Offer is referenced with the date August 25, 2026, and the company name and scrip code appear in the context as “Antariksh Industries - 501270 - Letter of Offer”.

Offer size, price, and maximum consideration

The open offer is for up to 6,31,785 equity shares, which is stated as 26% of the emerging voting share capital. The offer price is ₹86 per share. The aggregate amount disclosed for the offer is ₹5,43,33,510, which equals ₹5.433351 crore. The open offer is described as mandatory and tied to acquisition of control. The offer is stated to be unconditional and not subject to a minimum level of acceptance.

Disclosures on acquirers and post-offer holding

The acquirers are named as Alpitkumar Pravinchandra Gor and Riddhi Infocom Solutions LLP. The context states they are launching a mandatory open offer for a 26% stake. One line also states that the acquirers would hold 90.37% stake post-offer, assuming full acceptance. This post-offer percentage is presented as a conditional outcome based on the level of acceptance. The stated intent in the context is to take control of the company. The open offer is described as being made to all eligible equity shareholders.

Note on the two different offer-period references

Alongside the September 2 to September 16, 2026 schedule, the provided text also contains a separate table that lists an offer opening date of August 18, 2026 and closing date of September 01, 2026. The same excerpt repeats the August 18 to September 01 tendering period language. However, the event schedule and multiple other lines in the text clearly refer to the September 2 to September 16, 2026 window, and also tie it to the Letter of Offer dispatch dated August 25, 2026. Because the dataset includes both date ranges, readers should rely on the final Letter of Offer and the stock exchange filings referenced in the disclosure for the definitive tendering dates.

Regulatory and procedural context cited

The filings referenced mention compliance under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (SEBI SAST Regulations). The “Manager to the Offer” is identified as D & A Financial Services (P) Ltd in the context provided. It is also stated that a copy of the Pre-Offer Advertisement was submitted to BSE in accordance with Regulation 18(7), along with a corrigendum to the Detailed Public Statement. Separately, the context lists an IDC recommendation date of August 29, 2026 for the 2026 process. These steps are part of the standard open-offer timeline under the SAST framework.

Price comparison mentioned in the disclosure

The provided text includes a comparison stating the ₹86 offer price is “significantly above ₹2.48 market average.” No additional trading-day reference or specific date for that comparison is included in the dataset. Investors typically use such price references to understand the gap between the offer price and the prevailing market level at the time of the referenced computation. As always, shareholders tend to cross-check the exact basis of such comparisons in the Letter of Offer and public announcement documents.

Snapshot table: key facts from the announcement

Background: an earlier open offer referenced for 2025

The dataset also includes details of an earlier open offer linked to Antariksh Industries in 2025. That earlier open offer is described as being made by Mrs. Gitaben Nitinbhai Patel. It aimed to acquire up to 52,000 equity shares, representing 26% of voting share capital, at ₹96 per share. The offer period for that earlier offer is stated as October 3 to October 16, 2025, with a total offer value of ₹0.4992 crore. The text also states that ₹0.56 crore was deposited in an escrow account for that earlier offer. This 2025 reference is separate from the 2026 mandatory open offer described above.

What shareholders can do next

Shareholders who are eligible and wish to tender typically follow the tendering process described in the Letter of Offer and the exchange filings. The key operational dates to track in the provided schedule are the opening and closing of the tendering period and the payment date. Given the presence of two different date ranges in the provided text, investors may want to confirm the final schedule from the official Letter of Offer dispatched on August 25, 2026 and the related BSE submissions. The next formal step referenced in the schedule is the IDC recommendation dated August 29, 2026, followed by the tendering window listed for early-to-mid September.