Hitesh Mohanlal Patel made an offer to acquire 26% stake in Nutricircle Limited (BSE:530219) for INR 12.71 million on January 4, 2023. The offer per share is INR 180. The offer will be sourced from internal funds. As of June 9, 2023, the tender off will commence on June 16, 2023, and close on June 30, 2023. Fedex Securities Private Limited acted as a manager to the offer.

Hitesh Mohanlal Patel completed the acquisition of 5.79% stake in Nutricircle Limited (BSE:530219) on October 10, 2023.