
Open Offer23 Jun 2026, 02:28 pm
Niraj Cement Structurals: Open Offer for 26% Stake at ₹29/Share
AI Summary
Navigant Corporate Advisors Ltd, acting as Manager to the Offer, has submitted a Detailed Public Statement regarding an open offer for Niraj Cement Structurals Limited. Mr. Gulshankumar Vijaykumar Chopra, the Acquirer, intends to acquire up to 1,55,20,529 equity shares, representing 26.00% of the company's total equity share capital. The offer price is set at ₹29 per fully paid-up equity share. This open offer is being made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Detailed Public Statement was published on June 23, 2026.
Key Highlights
- Open offer for 26% stake in Niraj Cement Structurals.
- Offer price set at ₹29 per equity share.
- Acquirer: Mr. Gulshankumar Vijaykumar Chopra.
- Manager to the Offer: Navigant Corporate Advisors Ltd.
- Compliance with SEBI (SAST) Regulations, 2011.
Price Impact
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