Ramgopal Polytex Ltd — Important, 01-01-1970: Company Update

Ramgopal Polytex Limited is undergoing an open offer by Mr. Pravin Kumar Shishodiya and Mr. Punit Shishodiya. The acquirers previously agreed to purchase 45.46% of the company's shares for approximately ₹5.93 Cr. This triggered an open offer to acquire an additional 26% of equity shares from public shareholders at ₹17.10 per share, totaling approximately ₹6.45 Cr. Post-acquisition, the acquirers will hold 71.46% of RPL. Their objective is to gain control, strengthen existing operations, and explore new growth areas. RPL reported annual losses of ₹0.99 Cr in 2026, with income from operations at ₹1.09 Cr.