ALPHA TRIBE

Jai Mata Glass LtdImportant, 01-01-1970: Company Update

01-01-1970 | 12:00 am

An Open Offer has commenced for Jai Mata Glass Limited, where Acquirers Mr. Ashwani Gulati, Ms. Kiran Gulati, and M/s Veerasha Trust aim to acquire 2.60 crore equity shares. The offer price is INR 1.85 per share, payable in cash. The Independent Directors Committee considers this price fair and reasonable. Key offer dates have been revised, making the tendering period earlier. Shareholders can participate by tendering their shares through the Stock Exchange Mechanism. The acquirers have confirmed no plans for adverse impact on the company's employees or business location.

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