Announced Tue, 14 Apr · 13:13 IST

Independent Directors' recommendation on open offer

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹27.64
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+10.2+15.7+21.2+27.2+33.6+46.5+23.0+28.1+41.5+37.5
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AI summary

Per the headline, the Independent Directors of Jolly Plastic Industries Ltd have submitted their recommendation regarding an open offer for the company, as required under SEBI takeover regulations. The full text of the recommendation and key details of the open offer (acquirer name, offer price, size) are not available in the source document, which returned an error page.

Likely market impact

Independent Directors' recommendation guides shareholders on whether to tender shares in the open offer; mandatory disclosure under SEBI Takeover Rules.