Navigant Corporate Advisors Ltd ("Manager to the Offer") has submitted to BSE a copy of Corrigendum to the Public Announcement, Detailed Public Statement and Draft Letter of Offer for the ....
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Navigant Corporate Advisors, the Manager to the Offer, has submitted a corrigendum to the Public Announcement, Detailed Public Statement and Draft Letter of Offer for the ongoing open offer to acquire equity shares of Asgard Alcobev Limited (BSE Code: 512025, formerly Banganga Paper Industries Limited). The acquirers are Ronak Jain, Sarita Jain, Priyanka Jain, and K K Impex & Trading Private Limited, along with persons acting in concert (PACs) Karan Jain, Karishma Rohit Jain, and Radhika Karan Jain. The original open offer documents were published on 10 March 2026, and this corrigendum is filed under SEBI Takeover Regulations (SAST), 2011 to correct or amend certain details in the earlier published documents.
For shareholders of Asgard Alcobev, this is a procedural update to the existing open offer—no change in the fundamental acquisition trigger. Shareholders should review the corrigendum carefully for any revisions to offer price, number of shares, timeline, or other key terms before deciding to tender their shares.