Grow House Wealth Management Private Ltd ("Manager to Open Offer") has submitted to BSE a copy of Corrigendum to Letter of Offer and Pre-Offer Advertisement in terms of the Securities and ....
Awaiting price reaction for this filing.
Grow House Wealth Management, the manager to the open offer, has filed a corrigendum with BSE on behalf of acquirer Rootsparkle Trading Private Limited. The corrigendum revises the open offer schedule for acquiring 10,63,582 equity shares (26% of equity capital) of AVI Polymers at ₹13 per share. Due to procedural delays, the tendering period has been pushed from May 2025 to July 18 – July 31, 2025. Payment of consideration and post-offer reports are now scheduled for mid-to-late August 2025. The corrigendum was published in Financial Express, Jansatta, Sanmarg, and Mumbai Lakshadeep on July 17, 2025. The offer is being made under SEBI (SAST) Regulations, 2011.
Public shareholders now have a fresh window from July 18 to July 31, 2025 to tender shares at ₹13 each. Existing shareholders should review the revised timeline before deciding to participate, as the offer price remains unchanged.