Announced Mon, 22 Jun · 20:43 IST
AGPH Dubai to make tender offer for Polyplex Thailand subsidiary
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POLYPLEX · 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
+8.5%1-day move
₹955.00
prior close
₹971.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+6.4+6.3+6.7+4.9+8.5+3.1+1.3-0.4+0.3+6.3+11.6+19.6——
Up moveDown movePending
AI summary
AGPH (Thailand) Ltd, a unit of AGP Holdco Dubai (which already holds 24.28% in Polyplex Corp India), has announced an intention to make a tender offer for 100% of ordinary shares of step-down subsidiary Polyplex Thailand (PTL) at 15 THB per share, totaling about 13.5 billion THB (around 3,400 crore INR). PTL is listed in Thailand. Official tender offer submission expected by 29 June 2026.
Likely market impact
Potential value unlock for Polyplex Corp India shareholders; PTL stake sale could bring cash inflow and simplify group structure.