Ashwani Kumar Singh made an offer to acquire 26% stake in Centerac Technologies Limited (BSE:531621) for INR 2.9 million on January 22, 2018. As per the transaction, Ashwani Kumar Singh made an offer to acquire 2.9 million shares at INR 1 each. In a related transaction, Ashwani Kumar Singh entered into share purchase agreement to acquire 72.68% stake in Centerac Technologies Limited from Sanjiv Khandelwal and others for INR 8.01 million on January 22, 2018. Post completion of both transactions, Ashwani Kumar Singh will hold 10.9 million shares representing 98.68% stake of Centerac Technologies Limited. As of June 30, 2018, detailed public statement for the offer has been filled. The transaction is not conditional upon the minimum level of acceptance. As of March 19, 2018, Board Committee of Centerac Technologies Limited recommended shareholders to accept the offer. The offer will open on March 19, 2018 and will close on April 4, 2018. As of March 22, 2018, the offer will close now on April 9, 2018. Chirag Dave of Keynote Corporate Services Limited acted as manager to Ashwani Kumar Singh. Link Intime India Pvt. Ltd. acted as registrar to Ashwani Kumar Singh.