Mitshi India Ltd: Independent Directors Recommend Open Offer

Mitshi India Limited has submitted the written reasoned recommendation of its Committee of Independent Directors regarding an Open Offer made by Mr. Karronn Naresh Bajaj. The recommendation, approved on August 27, 2026, pertains to the acquisition of fully paid-up shares at a price of ₹15 per share, in compliance with SEBI (SAST) Regulations, 2011. The recommendation was published on September 01, 2026, in The Financial Express (English), Jansatta (Hindi), and Pratahkal (Marathi). The company has also forwarded a copy to the Manager to the Open Offer, Srujan Alpha Capital Advisors LLP, and requested its upload on the stock exchange website.