Nirbhay Colours India Ltd — Important, 12-12-2025: Company Update
12-12-2025 | 08:34 pm
12-12-2025 | 08:34 pm
A group of acquirers has launched an open offer to gain control of Nirbhay Colours India Limited. This follows their recent acquisition of 6,74,300 equity shares, representing a 20.13% stake, for ₹0.67 Cr. The acquirers are now offering to purchase an additional 14,19,700 shares, or 42.38% of the company's voting capital, from public shareholders at ₹10 per share. This potential acquisition amounts to ₹1.42 Cr. Upon completion, these acquirers will become the new promoters and assume control of Nirbhay Colours, providing an exit opportunity for shareholders.
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