Open Offer19 May 2026, 03:07 pm
Jolly Plastic: Post-Offer Ad for Acquisition of 26% Shares
AI Summary
Sumedha Fiscal Services Ltd, the manager to the open offer for Jolly Plastic Industries Ltd, has submitted a post-offer advertisement as per SEBI regulations. Bhaum Digital Ventures Private Limited is the acquirer, seeking to acquire up to 63,377,864 equity shares (26%) at ₹10 per share, aggregating to ₹6,33,78,640. The offer opened on April 17, 2026, and closed on April 30, 2026, with consideration paid on May 12, 2026. Actual shares accepted were 9,863,004 against the offered 6,337,864.
Key Highlights
- Bhaum Digital Ventures made an open offer to acquire 26% stake in Jolly Plastic.
- The offer price was ₹10 per share, totaling ₹6,33,78,640.
- The offer opened on April 17, 2026, and closed on April 30, 2026.
- 9,863,004 shares were accepted against the offered 6,337,864 shares.
- Post-offer advertisement published as per SEBI regulations.
Price Impact
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