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Takeovers and Delisting – December 2025

In the stock markets, takeovers and delisting are among the most significant corporate actions, often leading to sharp movements in share prices and changes in liquidity. Staying informed about these developments helps investors evaluate potential opportunities, manage risks, and make timely investment decisions.

December 2025 witnessed several takeover offers continuing from November, along with new acquisition activity announced during the month. Below is a snapshot of key takeover and delisting events relevant to investors.

 

Takeovers and Delisting – December 2025

 

Scrip / Company NameTypeStart DateEnd DateOffer Price (₹)Settlement Date
FILTRON ENGINEERS LTDTakeover24-12-202507-01-2026₹10.00 per share-
COVIDH Technologies LtdTakeover23-12-202523-12-2025₹10.00 per share-
Avishkar Infra Realty LtdTakeover23-12-202506-01-2026₹16.20 per share

 

 

Takeovers

A takeover occurs when an acquiring entity gains control of a listed company, typically through an open offer to public shareholders. These transactions may be friendly or hostile, depending on the stance of the target company’s management.

For shareholders, takeover offers often provide an opportunity to exit at a premium to prevailing market prices, reflecting the acquirer’s strategic interest. However, investors should assess the credibility of the acquirer, funding arrangements, and post-acquisition plans before tendering shares.

 

Delisting

Delisting refers to the permanent removal of a company’s shares from stock exchange trading. Delisting may be voluntary—initiated by promoters—or compulsory, due to regulatory non-compliance.

In voluntary delistings, shareholders are generally offered an exit through a reverse book-building (RBB) process, which helps discover a fair exit price. While delisting offers liquidity to investors, it also eliminates future trading opportunities in the listed market.

 

Key Takeaways

  • Takeovers and delistings can materially impact share prices, liquidity, and investor sentiment.

  • These events may present attractive exit opportunities but also carry execution and valuation risks.

  • Investors should closely track exchange notices, offer documents, timelines, and regulatory disclosures before making decisions.

  • Professional advice and independent valuation assessments are recommended, particularly in large or complex transactions.

Latest Updates

26 Feb 2026

Alert

Update on Physical Settlement in Stock F&O Contracts

From the upcoming expiry, full contract value funding is mandatory for positions resulting in physical settlement. If funds are not available, positions will be squared off before expiry, and any losses or charges will be borne by the client.

25 Feb 2026

Update

IRFC OFS Opens for Retail on Feb 26 at ₹104 Floor Price

The government has set a floor price of ₹104 per share for the IRFC offer for sale (OFS), with retail bidding opening on February 26, 2026, following non-retail participation on February 25. The Centre plans to divest up to a 4% stake in Indian Railway Finance Corporation, potentially raising around ₹5,430 crore at the indicated price. Meanwhile, IRFC shares slipped to a two-year low of ₹104.52 on the NSE.