Acquisitions21 Jan 2026, 06:33 pm
Bhaum Digital Ventures to Acquire 26% Stake in Jolly Plastic Industries for ₹ 6,33,78,640
AI Summary
Bhaum Digital Ventures Private Limited has announced an Open Offer to acquire up to 63,37,864 equity shares of Jolly Plastic Industries Limited, representing 26.00% of the expanded equity and voting share capital. The offer is made at a price of ₹ 10.00 per share, payable in cash, assuming full acceptance. This offer is triggered by the execution of a Share Purchase Agreement for the acquisition of all equity shares of Sahaj Retail Limited by Jolly Plastic Industries Limited.
Key Highlights
- Bhaum Digital Ventures to acquire 26.00% stake in Jolly Plastic Industries
- Offer price set at ₹ 10.00 per share
- Acquisition triggered by Share Purchase Agreement for Sahaj Retail Limited
- Total consideration of ₹ 6,33,78,640
- Offer to be made in cash