Inertia Steel Ltd. announced an open offer to acquire up to 31,14,488 equity shares, representing 26.00% of the companys existing equity, by the acquirers Mr. Karbhari Pandurang Dhatrak, Mrs. Jayashree Karbhari Dhatrak, and Mr. Chetan Karbhari Dhatrak. The post-offer advertisement was published on September 5, 2024, in multiple newspapers.