
Open Offer27 Jul 2026, 05:21 pm
Jai Mata Glass: Open Offer for 26% Stake at ₹1.85 per Share
AI Summary
Corporate Professionals Capital Pvt Ltd, acting as Manager to the Offer, has submitted a Draft Letter of Offer to BSE on behalf of Mr. Ashwani Gulati, Ms. Kiran Gulati, and M/s Veerasha Trust. They propose to acquire up to 2,60,00,000 equity shares, representing 26.00% of Jai Mata Glass Ltd's paid-up equity share capital. The offer price is fixed at INR 1.854 per equity share. This open offer is being made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The offer period is from September 03, 2026, to September 17, 2026. No minimum acceptance level is stipulated, and there is no competing offer as of the filing date.
Key Highlights
- Acquirers propose to buy 26% stake in Jai Mata Glass Ltd.
- Offer price set at ₹1.854 per equity share.
- Open offer period: September 3 to September 17, 2026.
- Offer is compliant with SEBI Takeover Regulations.
- No minimum acceptance level required for the offer.
Price Impact
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