ICICI Securities has provided an update regarding the open offer for IIFL Capital Services Limited. As of November 3, 2026, 0.00% of the offer size, representing Nil Equity Shares, have been tendered into the designated Open Offer Escrow Demat Account. This disclosure pertains to shares in dematerialized form and is subject to validation and verification processes as per the SEBI (SAST) Regulations.
Open Offer Update for IIFL Capital Services
ICICI Securities, acting as the Manager to the Open Offer, has disseminated information concerning the acquisition of equity shares in IIFL Capital Services Limited (formerly IIFL Securities Limited). The open offer, made by FIH Mauritius Investments Ltd along with HWIC Asia Fund, aims to acquire up to 10,01,44,112 fully paid-up equity shares. As per the latest update dated November 3, 2026, a total of Nil Equity Shares, constituting 0.00% of the offer size, have been tendered.
Demat Account Disclosure
The disclosed shares are those tendered in dematerialized form into the Open Offer Escrow Demat Account. This account, named ‘MIIPL IIFL CAPITAL SERVICES LIMITED OPEN OFFER ESCROW DEMAT ACOUNT’, is maintained with Ventura Securities Limited. The statement received from Ventura Securities Limited as of 13:12:30 on November 03, 2026, indicates no shares have been validly tendered at this stage.
Validation and Acceptance Process
It is expressly clarified that this disclosure reflects equity shares in dematerialized form. The shares tendered are subject to thorough validation and verification of complete documentation. Only shares that are ‘validly tendered’ will be considered for acceptance by the Acquirer, in accordance with the SEBI (SAST) Regulations and the Letter of Offer dated October 28, 2026. The final number of shares accepted by the Acquirer may differ from the number of shares initially tendered by Public Shareholders.
Source: BSE
