Open Offer14 May 2026, 06:42 pm
Noble Polymers: Open Offer for 26% Shares at ₹5 Per Share
AI Summary
Kunvarji Finstock Private Ltd, acting as the manager to the open offer, has announced an open offer on behalf of 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 ₹5.00 per share, payable in cash, according to regulations set by SEBI.
Key Highlights
- Open offer announced for acquisition of 26% of Noble Polymers' equity shares.
- Offer price is set at ₹5.00 per share, payable in cash.
- Acquirers are Mr. Mahesh Alabhai Odedra and Mr. Hiren Rambhai Odedra.
- Kunvarji Finstock Private Ltd is the manager to the open offer.