What to watch. Tasty Bite Eatables: Open offer opens today

The open offer from Effem Holdings, along with persons acting in concert Mars Nederland BV, to the shareholders of Tasty Bite Eatables opens on Friday. The acquirers plan to buy 6.61 lakh shares, representing 25.77 per cent of the total paid-up equity share capital of the company, at ₹5,323.87 a share. This offer is a mandatory open offer following the acquisition of voting rights in the company by the acquirers through a share purchase agreement.