Mardia Samyoung Capillary Tubes Company Ltd — Updates, 01-01-1970: Company Update

M/s Torextron Ventures Private Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company has triggered a mandatory open offer to acquire up to 18,09,967 shares (26%) of Mardia Samyoung Capillary Tubes Company Limited from its public shareholders at ₹5 per share, aggregating to ₹90.50 lakh. This follows their agreement to acquire 48,31,595 shares (69.41%) from existing promoters for ₹2.42 Cr, resulting in a total holding of 95.41%. Torextron Ventures is engaged in wholesale trading of pulses and currently holds no shares in the target company. The open offer will be conducted via BSE's stock exchange mechanism between June 19 and July 2, 2025. Tax and procedural guidelines have been detailed for shareholders.