The tender offer failed to gain traction, with only 0.65% of shares tendered. No further extensions or competing bids are indicated. Monitor for any subsequent 13D filings by Magna or other activist activity, but the current bid is effectively dead.
Price Chart
Executive Summary
Magna Holdings' unsolicited partial tender offer for up to 20M Yatra shares at $1.10/share expired on September 25, 2026, with only ~414,256 shares (0.65% of outstanding) validly tendered. The offer was not extended, and Magna accepted those shares for payment on October 2, 2026. This filing is a routine update confirming the offer's failure to attract meaningful participation.
Key Facts
- Magna Holdings offered to buy up to 20M shares (31% of outstanding) at $1.10/share
- Offer expired September 25, 2026 and was not extended
- Only ~414,256 shares were validly tendered and not withdrawn
- Magna accepted those shares and will own ~0.65% of outstanding shares post-settlement
- Payment expected on October 2, 2026
Financial Impact
Magna will acquire ~0.65% of Yatra for ~$455,682 (414,256 shares × $1.10). The offer's failure to reach 31% target means no change of control or board influence from this bid.
Risk Factors
- Magna may return with a higher offer or different structure
- Low tender participation signals shareholder rejection of $1.10 valuation
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 14D-9/A Filing (Primary) | 0001213900-26-105310 |
| Document: 0001213900-26-105310-index-headers.html | 0001213900-26-105310 |
| Document: 0001213900-26-105310-index.html | 0001213900-26-105310 |
| Document: 0001213900-26-105310.txt | 0001213900-26-105310 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 30, 2026 25d ago | SC 14D-9/A | $0.9360 | awaiting T+20 | — | $0.9500 (+1.50%) |
Sep 18, 2026 5w ago | SC TO-T/A | $1.03 $0.9550 | ▼ −7.28% | ▼ −6.37% | $0.9500 (−7.77%) |
Sep 14, 2026 5w ago | Press Release | $1.01 $0.9399 | ▲ +6.94% | ▲ +9.66% | $0.9500 (+5.94%) |
Aug 12, 2026 10w ago | 6-K | $0.8901 $1.05 | ▼ −17.96% | ▼ −19.71% | $0.9500 (−6.73%) |
Jul 31, 2026 12w ago | 20-F | $0.8840 $1.00 | ▲ +13.12% | ▲ +11.88% | $0.9500 (+7.47%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers