Classic Filaments Ltd — Important, 06-02-2026: Company Update

Classic Filaments' Independent Directors Committee (IDC) has evaluated the ongoing Open Offer by Acquirers to acquire up to 15.89 Lakhs equity shares at Rs. 12/- each. The IDC believes this offer is fair and reasonable. Their assessment considers the offer price is higher than the Rs. 11.96 fair value determined by an independent valuer and the Rs. 10 negotiated price. However, the IDC notes that the company's shares are currently trading above the offer price and advises shareholders to weigh the market price before making an informed decision about participating in the offer.