Sumedha Fiscal Services Ltd ("Manager to the Offer") has submitted to BSE a copy of Pre-Offer Advertisement, corrigendum to the Detailed Public Statement under Regulation 18(7) in terms ....
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Bhaum Digital Ventures Private Limited has launched an open offer to acquire up to 63,37,864 shares representing 26% of the expanded equity share capital of Jolly Plastic Industries Limited from public shareholders. This open offer is being made under SEBI (SAST) Regulations 2011. Sumedha Fiscal Services Ltd is acting as the Manager to the Offer. The Public Announcement was published on April 16, 2026 in Financial Express (English), Jansatta (Hindi), Mumbai Lakshadeep (Marathi), and Financial Express Gujarat (Ahmedabad edition).
Public shareholders of Jolly Plastic Industries now have an opportunity to tender their shares at the offer price. This open offer typically follows substantial acquisition and may indicate a change of control, which could affect the company's future strategy, management, and stock price performance.