Jauss Polymers Ltd — Important, 01-01-1970: Company Update

Noize Brands and Lifestyle Limited, with Mr. Aditya Chopra, launched an open offer to acquire up to 1.20 Cr equity shares, representing 26% of Jauss Polymers Limited, at ₹16.05 per share. This mandatory offer follows their agreement to acquire 2.01 Cr shares (43.41%) from existing promoters for ₹3.75 Cr, leading to a change in management control. The acquirer now holds 1.85 Cr shares (40.04%) and intends to continue the PET packaging business, with future plans possibly including a reverse merger. They will ensure compliance with market rules regarding public shareholding. The offer opens on April 22, 2026, and closes on May 6, 2026.