Exit offer to the public shareholders of Bharat Nidhi
The public shareholders of Bharat Nidhi Limited have been extended an exit offer by a group of acquirers, including Sanmati Properties, TM Investments, Ashoka Marketing, Arth Udyog, Matrix Merchandise, Mahavir Finance, and Mr. Vineet Jain. The acquirers are offering a cash exit at ₹11,229 per equity share of face value ₹10. This move follows the SEBI settlement order dated September 12, 2022, and may be subject to further revision as per directions from the Delhi High Court.
