Acquisitions17 Mar 2026, 04:14 pm
Jauss Polymers Ltd Constitutes Independent Directors Committee for Open Offer
AI Summary
The Board of Directors of Jauss Polymers Ltd has constituted a Committee of Independent Directors. The committee, consisting of Mr. Saurabh Jibhau Shewale, Mr. Rajani Shirish Laddha, and Mr. Maddi Venkata Sudarsan, will provide reasoned recommendations on the Open Offer for the acquisition of 12,02,650 fully paid-up equity shares of Rs. 10/- each from the equity shareholders of Jauss Polymers Limited by M/s. Noize Brands and Lifestyle Limited, along with Mr. Aditya Chopra, the person acting in concern. This Open Offer is being made pursuant to and in accordance with Regulation 3 (1) and 4 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Highlights
- Jauss Polymers Ltd has constituted a Committee of Independent Directors for the Open Offer.
- The Open Offer is for the acquisition of 12,02,650 fully paid-up equity shares of Rs. 10/- each from the equity shareholders of Jauss Polymers Limited.
- The acquisition is being made by M/s. Noize Brands and Lifestyle Limited, along with Mr. Aditya Chopra, the person acting in concern.
- The Open Offer is pursuant to and in accordance with Regulation 3 (1) and 4 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.