Noize Brands Launches Open Offer for 26% Stake in Jauss Polymers at ₹16.05/Share

Gretex Corporate Services Ltd has submitted the Letter of Offer for an open offer by Noize Brands and Lifestyle Limited, along with Mr. Aditya Chopra (PAC), to acquire up to 12,02,650 fully paid-up equity shares of Jauss Polymers Ltd. This represents 26.00% of the target company's equity and voting share capital. The offer price is ₹16.05 per equity share, payable in cash, aggregating to a total consideration of ₹1,93,02,533, assuming full acceptance. The open offer is made in compliance with SEBI (SAST) Regulations, 2011, and is not conditional upon any minimum level of acceptance. No statutory approvals are required for this acquisition.