Jay Kailash Namkeen: Open Offer for 26% Stake by Amar Pramod Talwar

Gretex Corporate Services Ltd., acting as the Manager to the Offer, has submitted a Detailed Public Statement (DPS) to BSE Limited regarding an open offer for Jay Kailash Namkeen Limited. Mr. Amar Pramod Talwar, the Acquirer, intends to acquire up to 21,76,540 fully paid-up equity shares, representing 26.00% of the expanded fully diluted voting equity share capital. This open offer is a result of a Preferential Allotment and a Share Subscription and Share Swap Agreement (SSSSA) dated August 13, 2026. The preferential allotment involves issuing 33,74,375 equity shares to the Acquirer in exchange for 8,000 equity shares of Vayuveer Solutions Private Limited (VSPL). The total expanded equity share capital post-allotment will be 83,71,308 shares.