Mitshi India Ltd — Important, 01-01-1970: Company Update

Acquirer Mr. Karronn Naresh Bajaj has announced an Open Offer to acquire up to 0.2288 Cr equity shares, representing 26% of Mitshi India Limited's voting capital. The offer price is ₹15 per share, payable in cash, with no revision. The company's Independent Directors find the offer fair and reasonable, with the price aligning with market parameters. This is a mandatory offer, and no competing bids have been received. All public shareholders, including those who acquire shares after the initial identification date, are eligible to participate. The offer will be processed through the stock exchange mechanism.