Jetmall Spices and Masala Ltd — Important, 01-01-1970: Company Update

Jetmall Spices and Masala's Independent Directors Committee has assessed an open offer from the Aggarwal family. Acquirers aim to purchase up to 15.60 lakh equity shares, or 26.03% of voting capital, at ₹12.50 per share, totaling ₹1.95 Cr. The Committee concluded the offer is fair and reasonable after reviewing the Public Announcement, Detailed Public Statement, and Letter of Offer, noting the price aligns with prescribed regulations. While the committee's finding is positive, shareholders should independently evaluate the offer to make an informed decision regarding their investment.