An open offer to the shareholders of Accelya Kale Solutions from Sky Bidco SLU, along with persons acting in concert — Canary Topco Ltd and four others — will open on Wednesday. They plan to acquire 37.829 lakh shares (25.38 per cent paid-up equity capital of the company) at a price of ₹1,250 a share.

The offer was made after an indirect acquisition of 74.66 per cent of the voting rights (in Accelya Holding, its promoter) by the acquirers. The open offer ends on May 11.