Pradeepkumartana Naidu and Sangeeta Naidu made an offer to acquire 26.04% stake in Diggi Multitrade Limited (BSE:540811) for INR 25.5 million on June 10, 2021. Under the terms of transaction, Pradeepkumartana Naidu and Sangeeta Naidu offer to purchase 2.52 million shares at a purchase price of INR 10.1 per Diggi Multitrade share. In a related transaction, Pradeepkumartana Naidu and Sangeeta Naidu entered into an agreement to acquire 20.41% stake in Diggi Multitrade Limited. Post completion of these transactions, Pradeepkumartana Naidu and Sangeeta Naidu will hold 46.45% stake. The acquisition will be financed through internal resources. The Offer is not conditional upon any minimum level of acceptance. The Offer period starts from August 3, 2021 to August 17, 2021. Yash Doshi of GYR Capital Advisors Private Limited acted as manager to the offer and Sripreeya K of Cameo Corporate Services Limited acted as registrar to the offer for an on behalf of acquirers. As on June 24, 2021, the consideration will be paid by September 1, 2021. Sripreeya K of Cameo Corporate Services Limited acted as registrar to the offer for an on behalf of acquirers. As on July 20, 2021, as per schedule where the Offer period starts from July 28, 2021 to August 10, 2021 and the consideration will be paid by August 26, 2021.