Announced Tue, 29 Sept, 2026 · 12:51 IST

Open Offer by Mr Ghanshyam Hansrajani at Rs 27.92 per share for 26% stake

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDFExplain this filing

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
-2.2%1-day move
₹42.95
prior close
₹40.90
base price
In-mkt
timing
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+0.0-0.2-0.2+6.3-2.2-6.9-3.4-2.3-7.3—————
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AI summary

Acquirer Mr Ghanshyam Hansrajani filed Draft Letter of Offer to buy up to 12,57,048 shares (26%) of Mayur Leather Products at Rs 27.92 per share in cash, under SEBI SAST Regulations 3(1) and 4 after a Share Purchase Agreement. Offer runs Nov 9 to Nov 23, 2026. Target company is distressed with Rs 616.41 lakhs accumulated losses, Canara Bank NPA, no revenue in FY26, and going concern doubts. Involves change in management control.

Likely market impact

Open offer at Rs 27.92 per share for 26% stake. Distressed target with accumulated losses and NPA status. Change in control triggered.