Acquisitions16 Sept 2025, 01:58 pm
Acquirers Raman Aggarwal, Anju Aggarwal, and Shrey Aggarwal Announce Open Offer for Jetmall Spices and Masala Limited
AI Summary
Mark Corporate Advisors Pvt Ltd, on behalf of Raman Aggarwal, Anju Aggarwal, and Shrey Aggarwal, has submitted an Offer Opening Public Announcement for Jetmall Spices and Masala Limited. The offer is to acquire up to 15,60,000 equity shares at a price of ¥12.50 per equity share, representing 26.03% of the voting share capital. The offer opens on September 17, 2025, and closes on September 30, 2025. The offer price is in line with the regulation prescribed by SEBI and is considered fair and reasonable by the Committee of Independent Directors.
Key Highlights
- Acquirers Raman Aggarwal, Anju Aggarwal, and Shrey Aggarwal announce open offer for Jetmall Spices and Masala Limited.
- Offer to acquire up to 15,60,000 equity shares at a price of ¥12.50 per equity share.
- Offer represents 26.03% of the voting share capital.
- Offer opens on September 17, 2025, and closes on September 30, 2025.
- Offer price is considered fair and reasonable by the Committee of Independent Directors.