JMG Corporation Ltd — Important, 01-01-1970: Company Update

An Open Offer has been initiated to acquire up to 60,21,053 shares, representing 26% of JIMG Corporation Limited's voting share capital. Mr. Neerav Bairagi, the Acquirer, is offering ₹5.30 per fully paid up share. This update follows the publication of the mandatory Pre-Offer Advertisement cum Corrigendum in various daily newspapers, a key step in the open offer process. This move signals a potential significant change in the ownership structure of JIMG Corporation.