IIFL Capital Services Ltd (formerly known as IIFL Securities Ltd) ("Manager to the Open Offer") has submitted to BSE a copy of Post Offer Advertisement in accordance with Regulation 18(12) ....
INDOBORAX · price
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IIFL Capital Services (Manager to the Open Offer) has submitted a Post Offer Advertisement dated May 2, 2026, published on May 4, 2026, in Financial Express (English), Jansatta (Hindi), and Navshakti (Marathi). This advertisement is mandatory under SEBI (SAST) Regulation 18(12) upon completion of the open offer process. Zenrock Chemicals Private Limited, along with three PACs (India Special Assets Fund III, ISAF III Onshore Fund, and Special Situation India Fund), had launched this open offer to acquire equity shares of Indo Borax & Chemicals Limited. The offer was initiated under Regulations 3(1) and 4 of the SEBI (SAST) Regulations. The document confirms the offer process has concluded and the final outcomes have been publicly disclosed.
This filing confirms the open offer process has been completed as per SEBI regulations. The completion of this open offer may lead to a change in shareholding pattern and potentially trigger delisting or further corporate restructuring at Indo Borax & Chemicals Limited.