Announced Thu, 9 Jul · 12:22 IST
Open Offer at Rs 5 per share for Noble Polymers by Odedra acquirers
Price
▲ 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
+4.0%1-day move
₹5.55
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.0+5.9+7.9+9.9+12.1+16.4————
Up moveDown movePending
AI summary
Open offer to acquire up to 22,76,406 equity shares (26% of voting capital) of Noble Polymers at Rs 5 per share in cash by Mahesh Alabhai Odedra and Hiren Rambhai Odedra. Tendering period runs from July 10 to July 23, 2026. Independent Directors Committee finds the offer price fair and reasonable. Corrigendum issued with updates to the Letter of Offer including a corrected CIN for the company.
Likely market impact
Public shareholders can tender shares at Rs 5 each between July 10 and July 23, 2026. IDC views the offer price as fair and reasonable.