New Owner to Pivot Company into AI; Triggers Mandatory Open Offer
Neelkanth Rockminerals Ltd · 531049 · BSE ·
A new acquirer, Mr. Sesha Sai Nikhil Chintalapati, is purchasing a 62.06% controlling stake from the current promoters. This triggers a mandatory open offer for public shareholders to sell up to 26% of the company's shares at an offer price of **₹19.40 per share**. The new owner…