JMG Corporation Ltd — Important, 16-02-2026: Company Update
16-02-2026 | 07:20 pm
16-02-2026 | 07:20 pm
JMG Corporation's Independent Directors' Committee (IDC) has issued its reasoned opinion on the Open Offer from Mr. Neerav Bairagi. The offer aims to acquire up to 0.6021 crore equity shares, representing 26% of JMG's total voting capital, at a price of ₹5.30 per share. This assessment from the independent directors provides crucial information for shareholders to evaluate the offer and make an informed decision regarding tendering their shares. The IDC's opinion helps clarify the potential impact and fairness of the acquisition for existing investors.
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