Vistara Network Private Limited and Telexcell Enterprise LLP made an offer to acquire 25.42% stake in Vintron Informatics Limited (BSE:517393) for INR 24.9 million on June 10, 2022. The offer is made to acquire up to 19.9 million shares for the offer price of INR 1.25 per share. The acquisition would be financed through internal resources.

In a related transaction, Vistara Network Private Limited and Telexcell Enterprise LLP signed a share purchase agreement to acquire a 73.93% stake in Vintron Informatics from Goodworth Build Invest Private Limited for INR 57.9 million on June 10, 2022. The offer period is scheduled to be from August 2, 2022 to August 18, 2022. As of July 28, 2022, offer period is scheduled to be from August 5, 2022 to August 23, 2022.

D & A Financial Services (P) Limited acted as manager to the offer on behalf of acquirers. Skyline Financial Services Private Limited shall be the registrar for the offer.