JMG Corporation Ltd — Important, 12-02-2026: Company Update

JMG Corporation's Committee of Independent Directors has evaluated Mr. Neerav Bairagi's open offer to acquire approximately 0.60 Cr equity shares, representing 26% of the company, at ₹5.30 per share. The directors find this offer price fair and reasonable, noting it exceeds the negotiated price of ₹4.20 and the 60-day average market price of ₹5.27. They encourage shareholders to conduct their own assessment and make an informed decision regarding the offer.