Open Offer15 Sept 2026, 04:50 pm
Mayur Leather Products: Open Offer for 26% Stake at ₹27.92
AI Summary
Mr. Ghanshyam Hansrajani, through Bonanza Portfolio Limited as the Manager to the Offer, has announced an Open Offer to acquire up to 12,57,048 equity shares of Mayur Leather Products Limited (MLPL), representing 26.00% of the total equity and voting share capital. The offer price is set at ₹27.92 per equity share. This move is in compliance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The offer targets public shareholders of MLPL, with the acquirer aiming to increase his stake in the company.
Key Highlights
- Open Offer to acquire 26% stake in Mayur Leather Products Ltd.
- Offer price set at ₹27.92 per equity share.
- Acquirer: Mr. Ghanshyam Hansrajani.
- Manager to the Offer: Bonanza Portfolio Limited.
- Compliance with SEBI (SAST) Regulations, 2011.
Price Impact
More from MAYUR