ALPHA TRIBE

Classic Filaments LtdImportant, 11-02-2026: Company Update

11-02-2026 | 11:54 am

Classic Filaments Limited has announced an ongoing open offer where a consortium of acquirers aims to acquire up to 15.89 lakh (26%) equity shares. The offer price is Rs. 12 per share, payable in cash. The company's Independent Directors have opined this price is fair and reasonable. This open offer follows the acquirers' prior acquisition of 41.88 lakh (68.51%) shares for Rs. 4.19 crore. The tendering period for public shareholders to participate is now open. This is not a competing bid, providing clarity for investors.

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