Announced Mon, 22 Jun · 20:39 IST
AGPH Thailand plans tender offer for all shares of 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
Polyplex Corp India disclosed that AGPH Thailand, a unit of AGP Holdco Dubai (which holds 24.28% of Polyplex Corp), plans a tender offer for all 900 million ordinary shares of step-down subsidiary Polyplex Thailand (PTL). Offer price is 15 Baht per share, totaling about 13.5 billion Baht. AGPH currently holds no PTL shares. Formal offer expected by 29 June 2026.
Likely market impact
Connected party of major Polyplex India shareholder seeking full control of Thailand subsidiary. May reshape group structure and affect PTL minorities.