Nirbhay Colours India Ltd — Important, 01-01-1970: Company Update

A group of acquirers, including M/s. Seher Retail Private Limited, has initiated an open offer for Nirbhay Colours Limited. They aim to acquire up to 14,19,700 shares, representing 42.38% of the voting capital, at ₹10 per share, for a total cash consideration of ₹1.42 Cr. This offer was triggered by a Share Purchase Agreement from December 12, 2025, through which the acquirers bought 6,74,300 shares (20.13%) for ₹0.67 Cr, also acquiring control. The transaction will result in the acquirers becoming the company's new promoters with management control, and the company will not be delisted.