Open Offer21 May 2026, 12:31 pm
Noble Polymers: Open Offer for 26% Shares at ₹25/Share
AI Summary
Kunvarji Finstock, acting as the manager to the open offer, submitted a Detailed Public Statement to BSE regarding the open offer by Mr. Mahesh Alabhai Odedra and Mr. Hiren Rambhai Odedra (the Acquirers) to acquire up to 22,76,406 equity shares of Noble Polymers Limited, representing 26.00% of the total expanded voting share capital. The offer price is ₹25 per share, payable in cash, in compliance with SEBI regulations.
Key Highlights
- Open offer for 26% of Noble Polymers' equity shares.
- Offer price is ₹25 per share, payable in cash.
- Acquirers are Mr. Mahesh Alabhai Odedra and Mr. Hiren Rambhai Odedra.
- Kunvarji Finstock is the manager to the open offer.
- Offer complies with SEBI (SAST) Regulations, 2011.
Price Impact
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