Mitshi India Open Offer: Acquirer Karronn Bajaj Offers ₹15/Share

Mitshi India Limited announced a Pre-Offer Advertisement cum Corrigendum to its Detailed Public Statement regarding an Open Offer. Acquirer Karronn Naresh Bajaj is offering to acquire up to 22,88,000 fully paid-up equity shares, representing 26.00% of the total voting share capital, at a price of ₹15 per share. This offer is made pursuant to SEBI (SAST) Regulations, 2011. The Independent Directors Committee has recommended the offer as fair and reasonable. The offer price remains unchanged from the Letter of Offer dated August 24, 2026. The tendering period is open to all public shareholders, including those who acquire shares after the identified date of August 19, 2026.