Nirbhay Colours India Ltd — Important, 20-12-2025: Company Update

Craftroot Retail Limited (formerly Nirbhay Colours India Limited) has received an open offer to acquire 14.2 lakh equity shares at ₹10 each, totaling ₹1.42 crore. This offer from seven acquirers follows their initial purchase of 6.74 lakh shares (₹0.67 crore). The acquirers aim to become promoters, intending to identify new market opportunities and drive strategic growth, particularly in the textile, garment, and craft retail business. Post-offer, their combined stake could reach 71.04%. They plan to maintain listing status and will address minimum public shareholding requirements.