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Trading & Distributors
Open Offer18 Sept 2026, 03:39 pm

Open Offer for 26% of Ramgopal Polytex at ₹17.10/share

AI Summary

Corporate Professionals Capital Private Limited, acting as Manager to the Offer, has submitted a Letter of Offer for an open offer to the shareholders of Ramgopal Polytex Ltd. Mr. Pravin Kumar Shishodiya and Mr. Punit Shishodiya (Acquirers) are offering to acquire up to 37,70,000 equity shares, representing 26.00% of the target company's equity share capital. The offer price is ₹17.10 per equity share. The offer is made in compliance with SEBI Takeover Regulations, 2011. The offer period is from September 25, 2026, to October 09, 2026. This offer is not subject to any minimum acceptance level and is not a competing offer.

Key Highlights

  • Acquirers offer to buy 26% of Ramgopal Polytex shares.
  • Offer price set at ₹17.10 per equity share.
  • Offer opens on September 25, 2026, and closes October 09, 2026.
  • The open offer is not subject to any minimum acceptance.