Adani Infra (India) Limited has made an open offer to acquire up to 1,03,06,866 equity shares of PSP Projects Limited, representing 26.00% of the fully diluted voting share capital. The offer price is ₹642.06 per equity share, payable in cash. You can check the company’s announcement here.
All shareholders holding shares of PSP Projects Limited are eligible to tender their shares before the closure of the tendering period.
Open Offer Schedule
| Event | Date |
|---|---|
| Opening date of Tendering Period | May 22, 2025 |
| Closure date of Tendering Period | June 04, 2025 |
| Credit of payment for accepted shares/credit of unaccepted shares to the Demat account | June 18, 2025 |
Since the current market price of PSP Projects is higher than the open offer price of ₹642.06, the tender window is not opened automatically under Corporate Action Orders in Console.
If you still wish to participate in the open offer at ₹642.06 per share, you can raise a ticket here. Once the request is received, the shares will be tendered manually by our team.
How to apply if the offer price is better than the market price
The open offer will be routed through the stock exchange mechanism (NSE/BSE). If the offer price is higher than the prevailing market price, eligible shareholders can place a tender order through Console by navigating to Portfolio > Corporate actions. Here’s how:
Shares must be in demat form and should not be under T1 settlement or pledged.
Funds for accepted shares will be credited to the linked bank account, and unaccepted shares will be credited back to the demat account.
Registrar and Transfer Agent Contact Details
MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
Address: C-101, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai 400 083
Telephone: +91 8108114949
Email: [email protected]
Website: https://in.mpms.mufg.com/
For further assistance, shareholders may contact the company at [email protected] or visit the Investor Relations page of PSP Projects Limited.