StockWatch
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Plastic Products - Industrial
Open Offer24 Jun 2026, 12:18 pm

Noble Polymers: Open Offer Identified Date Set for June 25, 2026

AI Summary

Kunvarji Finstock Private Ltd, acting as the Manager to the Open Offer for Noble Polymers Ltd, has announced the Identified Date for the open offer. The identified date is set for Thursday, June 25, 2026. This date is crucial for determining the list of public shareholders who will receive the Letter of Offer. The open offer, initiated by Acquirer-1 (Mr. Mahesh Alabhai Odedra) and Acquirer-2 (Mr. Hiren Rambhai Odedra), aims to acquire 26.00% of the emerging voting share capital from public shareholders at a price of ₹5 per share. This follows previous announcements including the Public Announcement on May 14, 2026, and the Detailed Public Statement on May 21, 2026.

Key Highlights

  • Identified Date for Noble Polymers open offer fixed as June 25, 2026.
  • Open offer price set at ₹5 per share for 26% of voting capital.
  • Acquirers are Mr. Mahesh Alabhai Odedra and Mr. Hiren Rambhai Odedra.
  • Kunvarji Finstock Private Ltd is the Manager to the Open Offer.