ICICI Securities, acting as the Manager to the Open Offer, has disseminated an update regarding the Open Offer for acquisition of equity shares of IIFL Capital Services Limited (formerly IIFL Securities Limited). As of November 09, 2026, a total of 22,84,779 Equity Shares, representing 2.28% of the total Offer Size, have been tendered by public shareholders into the designated Escrow Demat Account. This information is being shared with the stock exchanges for dissemination on their websites.
Open Offer Update for IIFL Capital Services
ICICI Securities, in its capacity as the Manager to the Open Offer, has provided an important update concerning the acquisition of equity shares of IIFL Capital Services Limited (formerly IIFL Securities Limited) by FIH Mauritius Investments Ltd, along with HWIC Asia Fund. The update details the number of equity shares tendered by public shareholders to date as part of the Open Offer.
Key Tender Figures
As per the latest statement received by the Manager to the Open Offer from Ventura Securities Limited, a total of 22,84,779 Equity Shares have been tendered into the Open Offer Escrow Demat Account. These shares constitute approximately 2.28% of the total Offer Size. The Escrow Demat Account is named “MIIPL IIFL CAPITAL SERVICES LIMITED OPEN OFFER ESCROW DEMAT ACOUNT” and is managed by Ventura Securities Limited, with depository participant ID IN303116 and client ID 15922461.
Verification and Acceptance
ICICI Securities clarified that this disclosure pertains specifically to Equity Shares tendered in dematerialized form by Public Shareholders. It is emphasized that these tendered shares are subject to validation and verification of the complete set of required documents. Only those Equity Shares that are “validly tendered” will be accepted by the Acquirer in accordance with the SEBI (SAST) Regulations and the Letter of Offer dated October 28, 2026.
The number of Equity Shares tendered by Public Shareholders as reported may differ from the final number of Equity Shares that will be accepted by the Acquirer. The company has requested the stock exchanges to disseminate this information on their respective websites.
Source: BSE
