Niraj Cement Structurals Open Offer: ₹0.06 Cr
Gulshankumar Vijaykumar Chopra completed an open offer for Niraj Cement Structurals Ltd. The acquirer acquired 21,350 shares at Rs. 29 each, totaling Rs. 0.06 Crore.
- Value
- ₹0.06 Cr
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Gulshankumar Vijaykumar Chopra completed an open offer for Niraj Cement Structurals Ltd. The acquirer acquired 21,350 shares at Rs. 29 each, totaling Rs. 0.06 Crore.
Niraj Cement Structurals' Committee of Independent Directors reviewed the open offer by Gulshankumar Vijaykumar Chopra, concluding it is fair and reasonable.
Mr. Gulkshanwar Vijaykumar Chopra has launched an open offer to acquire 26.00% of Niraj Cement Structurals Ltd at Rs.29 per share.
Niraj Cement Structurals Ltd issued a corrigendum to the Detailed Public Statement regarding an open offer by Gulshankumar Vijaykumar Chopra.
A draft letter of offer was submitted for an open offer to acquire up to 26% of Niraj Cement Structurals. Offer price is ₹29 per share.
Acquirer launched an open offer for up to 26% equity at Rs. 29/share, valuing the offer at Rs. 45.01 Crore. This follows SPAs to acquire 41.04% from public shareholders, potentially increasing promoter holding to 91.93%.