Virat Industries Ltd. has announced an open offer for acquisition of up to 36,96,090 shares (25.45% of expanded voting capital) from public shareholders at Rs. 158.00 per share, following a share subscription agreement for issuance of 95,99,999 equity shares representing 66.10% of expanded voting capital priced at Rs. 104.00 per share, totaling around Rs. 99.84 crore.