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Open Offer6 Aug 2026, 04:12 pm

Ramgopal Polytex: Open Offer for 26% stake at ₹17.10 per share

AI Summary

Corporate Professionals Capital Pvt Ltd, acting as Manager to the Offer, has submitted a Draft Letter of Offer to BSE on behalf of Mr. Pravin Kumar Shishodiya and Mr. Punit Shishodiya. The acquirers propose to acquire up to 37,70,000 equity shares, representing 26.00% of the total equity share capital of Ramgopal Polytex Ltd. The offer price is set at INR 17.10 per equity share. This open offer is being made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The offer opens on September 16, 2026, and closes on September 29, 2026. The offer is not subject to any minimum acceptance level and is not a competing offer.

Key Highlights

  • Acquirers propose to buy 26% stake in Ramgopal Polytex Ltd.
  • Offer price set at ₹17.10 per equity share.
  • Open offer period: September 16 to September 29, 2026.
  • Offer complies with SEBI Takeover Regulations.
  • No minimum acceptance level required for the offer.