RPL Promoters Sell 45.46% Stake for ₹5.93 Cr; Triggers Open Offer

Ramgopal Polytex Ltd's promoters and promoter group entities have entered into a Share Purchase Agreement (SPA) to sell 65,91,796 equity shares, representing 45.46% of the company's equity capital. The shares are being sold to Mr. Pravin Kumar Shishodiya and Mr. Punit Shishodiya at a price of ₹9 per share, totaling ₹5,93,26,164. This transaction, dated July 28, 2026, triggers an obligation for the acquirers to make an open offer to the public shareholders of Ramgopal Polytex Limited, in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has received the Public Announcement for the open offer.