RPL: Acquirers Launch Open Offer for 26% Stake at ₹17.10

Corporate Professionals Capital Pvt Ltd, acting as Manager to the Offer, has submitted a Public Announcement on behalf of Mr. Pravin Kumar Shishodiya and Mr. Punit Shishodiya. They intend to acquire up to 37,70,000 equity shares, representing 26.00% of the equity share capital of Ramgopal Polytex Limited (RPL). The offer price is set at ₹17.10 per equity share. This open offer is being made pursuant to SEBI (SAST) Regulations, 2011. The acquirers have also entered into a Share Purchase Agreement to acquire 45.46% of the equity share capital from the promoter group at ₹9 per share.