Gretex Corporate Services Ltd ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement in terms of Regulation 3(1) and 4 read with Regulations 13(4), 14(3) and ....
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Noize Brands and Lifestyle Ltd (Acquirer), along with Mr. Aditya Chopra (Person Acting in Concert), has issued a Detailed Public Statement for an open offer to the public shareholders of Jauss Polymers Ltd under SEBI Takeover Regulations. The offer covers up to 12,02,650 fully paid-up equity shares, representing 26% of the equity and voting capital, at a price of ₹16.05 per share. Total consideration works out to approximately ₹1.93 crore assuming full acceptance. The selling shareholders are Mr. Keineni Satish Rao (43.41%) and Mr. Keerthi Narasimhachari (0.71%). The public announcement was made on February 4, 2026, and the Detailed Public Statement was published on February 11, 2026. An MoU was signed between the parties on January 27, 2026.
Public shareholders of Jauss Polymers now have the opportunity to tender their shares at ₹16.05 per share, providing a floor price for the stock. The market price may gravitate toward the open offer price in the near term.