Polytex India Ltd — Important, 10-09-2025: Company Update

V. R. Woodart Limited's public shareholders saw an open offer for 1.065 Cr shares, or 26.00% of the expanded voting capital, at ₹22.00 per share, paid in cash. The acquirers, Mrs. Minal Patil and Ms. Maddukuri Mounica, accepted all tendered shares, valuing the offer at ₹23.43 Cr. Following this, the acquirers' total shareholding increased to 3.164 Cr shares, representing 77.24% of the company. They intend to seek reclassification as promoters. This significant change in ownership structure will impact the company's control and future direction.