Mayur Leather Products: Open Offer Announced for 26% Stake

Bonanza Portfolio Limited, acting as the Manager to the Offer, has submitted a Detailed Public Statement to BSE regarding an Open Offer for Mayur Leather Products Limited. Mr. Ghanshyam Hansrajani, the Acquirer, intends to acquire up to 12,57,048 Equity Shares, representing 26.00% of the total Equity and Voting Share Capital of the Target Company. This Open Offer is being made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Detailed Public Statement has been published in various newspapers and submitted to regulatory bodies.