Fintellectual Corporate Advisors Pvt. Ltd. ("Manager to the Offer") has submitted to BSE a copy of Pre-Offer Public Announcement and Corrigendum to the Detailed Public Statement under Regulation ....
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Awaiting price reaction for this filing.
Acquirers Sandeep Jain, Vikas Garg, Rahul Nagar, and Udaigiri Arora have announced an open offer to acquire up to 14,41,414 equity shares from the shareholders of Pankaj Polymers Limited. The offer is being made under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations. Fintellectual Corporate Advisors Pvt. Ltd. is acting as the Manager to the Offer. The Pre-Offer Public Announcement and a Corrigendum to the Detailed Public Statement (dated February 21, 2026) have been published in multiple newspapers including Financial Express, Pratahkal, Mumbai Mitra, Nava Telangana, Tarun Bharat, and Lakshya. The filing to BSE was made on February 24, 2026 as part of regulatory compliance.
Shareholders of Pankaj Polymers now have an opportunity to tender their shares in the open offer at the disclosed price. This kind of takeover announcement typically triggers short-term price volatility and may signal a change in control of the company.