Chemo Pharma Laboratories Ltd — Updates, 01-01-1970: Company Update

Atibha Agriseeds Private Limited has announced a board meeting to discuss the open offer for acquiring up to 3,90,000 shares, representing 26% of the voting capital of Chemo-Pharma Laboratories Limited, at an offer price of ₹110 per share in cash. The independent directors of Chemo-Pharma have opined that the offer price is fair and reasonable. Public shareholders holding shares in dematerialized or physical form are eligible to tender their shares through their brokers during the tendering period, which closes on June 4, 2025. The offer will be settled through the stock exchange mechanism, ensuring a transparent process.