Shah Foods Ltd — Important, 08-05-2026: Company Update

Shah Foods' Committee of Independent Directors has reviewed the open offer from Mr. Ankit Jalan and Mr. Anuj Jalan. The offer is to acquire up to 60,61,900 equity shares, representing 26.00% of the company's capital, at Rs. 62.50 per share. The committee has concluded that the terms of this open offer are fair and reasonable for shareholders. This independent assessment is crucial for investors evaluating whether to tender their shares in the ongoing offer.