Coromandel Engineering Company Ltd. has received a Draft Letter of Offer from Accord Distillers & Brewers Private Limited, Teyro Labs Private Limited, Jam Hotels and Resorts Private Limited, and Mr. Sundeep Anand Jegath Rakshagan to acquire up to 25.48% of the voting share capital of the company at an offer price of ₹13.50 per equity share.