Kesoram Industries Limited has informed that Public announcement and Detailed Public Statement dated 04-12-2025 & 11-12-2025 respectively relation to Open Offer to the Public shareholders of the Company issued by Frontier Warehousing Limited, the Acquirer .
KESORAMIND · price
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Kesoram Industries has informed the stock exchange that a Public Announcement (dated 04-12-2025) and a Detailed Public Statement (dated 11-12-2025) have been issued in connection with an Open Offer to the public shareholders of the company. The offer has been made by Frontier Warehousing Limited, identified as the Acquirer. This Open Offer is a mandatory regulatory step triggered by the Acquirer purchasing a significant stake in Kesoram Industries from existing promoters or shareholders, crossing the threshold limits prescribed under SEBI Takeover Regulations. The Detailed Public Statement will specify the offer price, number of shares being offered, and the timeline for shareholders to tender their shares.
Shareholders of Kesoram Industries now have the option to tender their shares to the Acquirer at the offer price mentioned in the Detailed Public Statement. The open offer price typically serves as a floor for the stock price in the near term and may provide a short-term trading opportunity for retail investors.