Fintellectual Corporate Advisors Pvt. Ltd. ("Manager to the Offer") has submitted to BSE a copy newspaper clipping of the Letter of offer Dispatch Confirmation for the attention of the ....
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Fintellectual Corporate Advisors, acting as Manager to the Offer, has submitted to BSE a copy of the newspaper advertisement confirming dispatch of the Letter of Offer for an open offer to acquire up to 14,40,140 equity shares from shareholders of Pankaj Polymers Limited. The open offer is being made by Mr. Sandeep Jain, Mr. Vikas Garg, Mr. Rahul Nagpal, and Mr. Himanshu Arora (the Acquirers) under SEBI Takeover Regulations, 2011. The dispatch confirmation advertisement was published on February 19, 2026 in Financial Express (English, All Editions), Nava Telana (Telugu, Hyderabad), and Pratahkal (Hindi, Mumbai Edition). Eligible shareholders can now expect to receive the Letter of Offer and tender their shares in the open offer.
This signals an impending change in control/ownership of Pankaj Polymers. Shareholders should review the Letter of Offer for the offer price, timeline, and tendering process if they wish to exit. Expect increased stock price volatility as the open offer window approaches.