ALPHA TRIBE

Hindustan Agrigenetics LtdImportant, 28-08-2025: Company Update

28-08-2025 | 12:18 pm

Hindustan Agrigenetics' Committee of Independent Directors has reviewed the open offer from Mr. Rajendra Naniwadekar to acquire up to 11,44,052 equity shares at Rs. 54.00 per share, representing 26.00% of the voting capital. The Committee concluded that the open offer is fair and reasonable. This assessment is crucial for retail investors considering tendering their shares, offering an independent view on the offer's terms. This update provides shareholders with clarity regarding the fairness of the proposed acquisition.

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