Ashika Capital Limited who are the managers to the Splash Media Open Offer have come out with an anoouncement saying that Arun Dagaria and Chirag Shah will make an open offer to the shareholders of Splash Media Works Ltd and the price for the same has been fixed. The Splash Media Open Offer Price has been fixed at Rs. 120 per share. Arun Dagaria and Chirag Shah will acquire 20% stake in Splash Media Works through the open offer.