Wardwizard Solutions India Private Limited and Yatin Sanjay Gupte made an offer to acquire 26% stake in Manvijay Development Company Limited (BSE:538970) for INR 16.8 million on June 20, 2019. As per the transaction, Wardwizard Solutions India Private Limited and Yatin Sanjay Gupte made the offer to acquire 1.68 million shares at INR 10 per share. In a related transaction, Yatin Sanjay Gupte and Wardwizard Solutions india Private Limited entered into a share purchase agreement to acquire 69.89% stake in Manvijay Development Company Limited (BSE:538970) from Pradman Property Consortium Of India, Preses Constructions Solutions Private Limited and Nitin Manohar Pradhan for INR 45.3 million on June 20, 2019. The offer is not subject to any minimum level of acceptance. The tender offer will commence on August 14, 2019 and will close on August 28, 2019. As of August 16, 2019, the tender offer will commence on August 22, 2019 and will close on September 5, 2019. Manish Gaur of Mark Corporate Advisors Private Limited acted as the manager to offer and Subhash Dhingeraja of Skyline Financial Services Private Limited acted as the registrar for Wardwizard Solutions India Private Limited and Yatin Sanjay Gupte. Wardwizard Solutions India Private Limited and Yatin Sanjay Gupte cancelled the acquisition of 26% stake in Manvijay Development Company Limited (BSE:538970) on September 5, 2019. No shares being tendered during the offer period.