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Open Offer24 Sept 2026, 09:57 pm

Ramgopal Polytex: Open Offer for 26% Stake at ₹17.10/Share

AI Summary

Corporate Professionals Capital Pvt Ltd, acting as Manager to the Offer, has submitted an offer opening public announcement and corrigendum to the detailed public statement for Ramgopal Polytex Limited. Mr. Pravin Kumar Shishodiya and Mr. Punit Shishodiya are making an open offer to acquire up to 37,70,000 equity shares, representing 26.00% of the equity share capital, at a price of INR 17.10 per share. The Independent Directors Committee has recommended the offer price as fair and reasonable. The Letter of Offer has been dispatched to shareholders, and participation details are available on SEBI, BSE, CSE, and the Manager to the Offer's websites.

Key Highlights

  • Open offer to acquire 26% stake in Ramgopal Polytex.
  • Offer price set at ₹17.10 per equity share.
  • Independent Directors Committee deems offer price fair.
  • Letter of Offer dispatched to shareholders.
  • Acquirers: Mr. Pravin Kumar Shishodiya and Mr. Punit Shishodiya.