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

A group of seven acquirers has made an open offer for Nirbhay Colours India Limited to public shareholders. This follows an initial acquisition of a 20.13% stake for Rs 0.67 crore. The open offer seeks to acquire up to an additional 14.20 lakh equity shares, or 42.38% of the company's voting capital, at Rs 10 per share, totaling Rs 1.42 crore. The acquirers aim to become promoters, drive growth, and intend to maintain the company's listing. They commit to addressing any potential fall in public shareholding below the required 25%. For the half-year ended September 30, 2025, the company reported a Profit After Tax of Rs 0.0087 crore.