
Natura Hue Chem: Open Offer for 26% Stake at ₹42/Share
Fintellectual Corporate Advisors Private Limited, acting as the Manager to the Offer, has submitted a Public Announcement to BSE regarding an open offer for the acquisition of up to 10,77,778 fully paid-up equity shares of Natura Hue-Chem Limited. This represents 26% of the company's voting equity share capital. The offer price is ₹42 per share. The acquisition is being made by Mrs. Kanika Chahal and Mr. Anuj Chahal. This announcement is made in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The offer period will commence from the date of the public announcement and conclude with the payment of consideration to validly accepted shareholders or withdrawal of the offer.
Key Highlights
- Open offer to acquire 26% of Natura Hue-Chem's equity.
- Offer price set at ₹42 per fully paid-up equity share.
- Acquisition by Mrs. Kanika Chahal and Mr. Anuj Chahal.
- Announcement complies with SEBI (SAST) Regulations, 2011.
- Up to 10,77,778 shares are being acquired.
Price Impact
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