{"id":53702,"date":"2026-04-24T11:06:53","date_gmt":"2026-04-24T05:36:53","guid":{"rendered":"https:\/\/financialtelegraph.in\/index.php\/2026\/04\/24\/rikhav-securities-announces-promoter-group-open-offer-for-up-to-26-stake\/"},"modified":"2026-04-24T11:06:53","modified_gmt":"2026-04-24T05:36:53","slug":"rikhav-securities-announces-promoter-group-open-offer-for-up-to-26-stake","status":"publish","type":"post","link":"https:\/\/financialtelegraph.in\/index.php\/2026\/04\/24\/rikhav-securities-announces-promoter-group-open-offer-for-up-to-26-stake\/","title":{"rendered":"Rikhav Securities Announces Promoter Group Open Offer for Up to 26% Stake"},"content":{"rendered":"<div>\n<p><img loading=\"lazy\" width=\"1200\" height=\"675\" src=\"https:\/\/financialtelegraph.in\/wp-content\/uploads\/2026\/04\/PNN-2026-04-23T182235375.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Rikhav Securities\" decoding=\"async\"><\/p>\n<p><strong>Mumbai (Maharashtra) [India], April 23:<\/strong> Rikhav Securities Limited\u00a0(BSE \u2013\u00a0RIKHAV | 544340),\u00a0one of the leading diversified stock market services providers,\u00a0has notified of an open offer by its promoter group comprising\u00a0Mr.\u00a0Hitesh Lakhani,\u00a0Mr.\u00a0Deep Lakhani,\u00a0Mrs.\u00a0Vaishali Shah, and\u00a0Mrs.\u00a0Bharti Lakhani, along with persons acting in concert, in accordance with SEBI guidelines.<\/p>\n<p><strong>Offer Details<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Open offer for acquisition of up to 99,55,920 equity shares, representing 26% of the voting share capital<\/li>\n<li>Offer price of\u00a0\u20b947.75 per equity share<\/li>\n<li>Total consideration of up to\u00a0\u20b947.54 Cr, assuming full acceptance<\/li>\n<li>Offer to be executed through cash consideration<\/li>\n<\/ul>\n<p>The promoter group had recently acquired approximately 32.51 lakh equity shares, representing 8.48% of the voting share capital of the Company, through market purchases.<\/p>\n<p>In line with SEBI regulations, these acquisitions have led to the announcement of an open offer and reflect the promoters\u2019 continued confidence in the Company\u2019s business fundamentals and long-term growth prospects.<\/p>\n<p>The promoter group continues to remain in control of the Company, and the transaction does not result in any change in management or control. The open offer provides an opportunity for public shareholders\u00a0to\u00a0tender their shares at the stated price in accordance with SEBI guidelines.<\/p>\n<p><strong>About\u00a0Rikhav Securities\u00a0Limited<\/strong><\/p>\n<p><a><\/a>Rikhav Securities Limited\u00a0is a diversified stock market services provider, incorporated in 1995 and formally launched in 2005, that has built a reputation for combining personalized service with competitive pricing. Today, it serves a broad spectrum of clients from High-Net-Worth investors to high-volume traders across major Indian exchanges.<\/p>\n<p>At its core, Rikhav\u2019s broking arm offers equity and derivatives trading with a \u201ctailor-made\u201d approach. Traders benefit from Brokerage rates that can undercut larger discount brokers, while all clients receive dedicated relationship support and personalized services on demand. Remarkably, over 99% of active clients remain on the platform once they join, reflecting the firm\u2019s emphasis on loyalty and satisfaction.<\/p>\n<p><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], April 23: Rikhav Securities Limited\u00a0(BSE \u2013\u00a0RIKHAV | 544340),\u00a0one of the leading diversified stock market services providers,\u00a0has notified of an open offer by its promoter group comprising\u00a0Mr.\u00a0Hitesh Lakhani,\u00a0Mr.\u00a0Deep &hellip; <a href=\"https:\/\/financialtelegraph.in\/index.php\/2026\/04\/24\/rikhav-securities-announces-promoter-group-open-offer-for-up-to-26-stake\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":53703,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[448],"class_list":["post-53702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","entry"],"_links":{"self":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/53702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/comments?post=53702"}],"version-history":[{"count":0,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/53702\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media\/53703"}],"wp:attachment":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media?parent=53702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/categories?post=53702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/tags?post=53702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}