ICICI Securities has announced that 1,17,258 Equity Shares, representing 0.12% of the total offer size, have been tendered in the open offer for IIFL Capital Services Limited. These shares were submitted to the Open Offer Escrow Demat Account held with Ventura Securities Limited. The disclosure is made as per the SEBI (SAST) Regulations, with further validation of tendered shares pending.
Open Offer Update for IIFL Capital Services
ICICI Securities, acting as the Manager to the Open Offer, has disclosed the number of equity shares tendered by public shareholders in the open offer for the acquisition of shares in IIFL Capital Services Limited (formerly IIFL Securities Limited). The acquirer in this open offer is FIH Mauritius Investments Ltd, along with HWIC Asia Fund as a party acting in concert.
Tendered Shares Details
As of November 06, 2026, a total of 1,17,258 Equity Shares have been tendered. This quantity represents 0.12% of the total offer size. These shares have been deposited into the designated Open Offer Escrow Demat Account, specifically the “MIIPL IIFL CAPITAL SERVICES LIMITED OPEN OFFER ESCROW DEMAT ACOUNT,” managed by Ventura Securities Limited.
Escrow Account and Next Steps
The escrow account is maintained with Ventura Securities Limited under depository participant identification number IN303116 and client identification number 15922461. This disclosure is based on the escrow demat account statement received by ICICI Securities from Ventura Securities Limited. It is expressly clarified that the equity shares tendered are subject to validation and verification of complete documentation. The final acceptance of these shares by the Acquirer will be in accordance with the SEBI (SAST) Regulations and the Letter of Offer (LoF) dated October 28, 2026.
It is important to note that the number of equity shares tendered by public shareholders may differ from the number of shares ultimately accepted by the Acquirer as part of the Open Offer.
Source: BSE
