N2N Technologies News

Harmony Remedies India Makes Open Offer for N2N Technologies at ₹4.30 Per Share

Harmony Remedies India Private Limited, along with persons acting in concert Firoze Nariman Kapadia and Aditi Vipin Parikh, has announced an open offer to acquire up to 12,91,228 equity shares of N2N Technologies Limited at ₹4.30 per share. This represents 40% of the expanded voting share capital, with a total consideration of ₹55.52 lakh. The offer follows an Acquisition of Control Agreement dated October 27, 2025, with existing promoter Rahul Shah and resigning directors. The tendering period is scheduled from December 18, 2025, to January 1, 2026. N2N Technologies' shares are currently suspended from trading due to non-payment of annual listing fees. The acquirer has deposited ₹56 lakh in an escrow account and aims to diversify the target company's operations into the pharmaceutical sector.