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Open Offer14 Aug 2026, 01:47 pm

Jai Mata Glass: Open Offer for 26% Stake at ₹1.85 Per Share

AI Summary

Corporate Professionals Capital Pvt Ltd, acting as the Manager to the Offer, has submitted a Letter of Offer to the BSE on behalf of Mr. Ashwani Gulati, Ms. Kiran Gulati, and M/s Veerasha Trust. The acquirers propose to acquire up to 2,60,00,000 equity shares, representing 26.00% of the paid-up equity share capital of Jai Mata Glass Ltd, at a price of ₹1.85 per share. This open offer is being made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The offer opens on August 21, 2026, and closes on September 04, 2026. This is not a competing offer and is not subject to any minimum acceptance level.

Key Highlights

  • Open offer for 26% stake in Jai Mata Glass Ltd.
  • Acquisition price set at ₹1.85 per equity share.
  • Offer period: August 21, 2026, to September 04, 2026.
  • Managed by Corporate Professionals Capital Pvt Ltd.
  • Acquirers: Mr. Ashwani Gulati, Ms. Kiran Gulati, M/s Veerasha Trust.