Parmax Pharma Ltd — Important, 01-01-1970: Company Update

Parmax Pharma Limited's open offer to acquire up to 23.46 lakh equity shares from public shareholders has commenced. Dhiren Chandulal Shah and Sunil Chinubhai Shah, along with other persons acting in concert, are the acquirers, targeting 26.00% of the company's Expanded Voting Share Capital. This open offer is a significant event for shareholders, providing an avenue to participate in the change of ownership. The formal advertisement for this offer has been published across various newspapers, ensuring broad dissemination of the opportunity to public shareholders.