In relation to the captioned subject, we are enclosing herewith the Pre-Offer Advertisement cum Corrigendum to Detailed Public Statement dated Saturday, February 14, 2026, published on ....
Awaiting price reaction for this filing.
JMG Corporation Ltd has filed the Pre-Offer Advertisement cum Corrigendum to its Detailed Public Statement with BSE regarding an open offer by Mr. Neerav Bairagi (the Acquirer). The acquirer is offering to buy up to 60,21,053 fully paid-up equity shares, representing 26% of the total voting share capital of JMG, at a price of ₹5.30 per share (face value ₹2.50). The Detailed Public Statement was originally dated February 14, 2026, and the corrigendum was published on February 16, 2026 in Financial Express (English), Jansatta (Hindi), and Pratahkal (Marathi). The filing is made under Regulation 18(7) of SEBI's Takeover Regulations, 2011, with Srujan Alpha Capital Advisors LLP acting as the merchant banker.
Shareholders should review the corrigendum carefully as it may contain corrections or updates to the original offer terms. The ₹5.30 offer price for a 26% open offer is a key data point for existing shareholders deciding whether to tender their shares.