BJ Duplex Boards Ltd — Important, 01-01-1970: Company Update

The open offer for B J Duplex Boards Limited by Prabhatam Investments Private Limited and Mr. Mayank Gupta has successfully concluded. While no shares were tendered by public shareholders during the open offer period, the Acquirers secured 1.31 Cr equity shares through a preferential allotment, giving them 68.84% of the company's capital and control. This makes them the new Promoters. The company's public shareholding is 31.16%, meeting the minimum requirement.